Pantheon Macroeconomics

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26th Oct 2022 15:29U.K., Daily Monitor

  • We expect the MPC to hike Bank Rate by 75bp next week, but to signal smaller hikes at future meetings.
  • On the face of it, its new forecast for inflation will endorse the path for Bank Rate expected by markets...
  • ...But it won’t incorporate the upcoming fiscal tightening; expect the MPC to emphasise the downside risks.

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Keywords for: 27 Oct 2022 UK Monitor

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