Pantheon Macroeconomics

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27th Jan 2023 16:32U.K., Weekly Monitor

  • We expect the MPC to increase Bank Rate to 4.00%, but to hold back from signalling further hikes are likely.
  • The MPC will revise up its forecast for GDP, as well as its estimate of the equilibrium unemployment rate...
  • ...But it will still predict a recession and excess supply, with inflation eventually falling below the 2% target.

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Keywords for: 30 Jan 2023 UK Monitor

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