22 July 2025 UK Monitor The UK has an inflation problem; expectations are deanchoring
21st Jul 2025 07:29UKDaily Monitor
- Sticky wage and price gains are being caused in part by falling MPC credibility.
- Household inflation expectations sit higher than their relationship with inflation implies, and are still rising.
- The UK is an outlier in Europe, where inflation expectations seem to have behaved much better.
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