Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

24th Nov 2022 11:06U.K., Weekly Monitor

Sterling's rally has been driven by the elimination of the fiscal risk premium, which we doubt will return... 

...But the current account deficit will remain large next year, despite the recession, leaving sterling vulnerable. 

The MPC likely will hold back from raising Bank Rate as far as markets expect; we look for $1.15 in the spring. 

bank rate current account current account deficit deficit markets mpc remain sterling

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: 28 Nov 2022 UK Monitor

bank rate, current account, current account deficit, deficit, markets, mpc, remain, sterling, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence