Pantheon Macroeconomics
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28th Sep 2022 15:30U.K., Daily Monitor
The BoE's intervention wasn't just about pension funds; delaying QT is about the mortgage market too.
At 6%, Bank Rate would lower CPI inflation in 2024 much more than sterling's depreciation will boost it.
Opinion polls are so bad for the Conservatives that backbenchers may force Ms. Truss to change tack.
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