Pantheon Macroeconomics

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3rd Mar 2023 16:39U.K., Weekly Monitor

  • We now assume the Energy Price Guarantee will remain at £2.5K in Q2, triggering a sharp fall in inflation...
  • ...But GDP still looks set to fall in Q2, as higher interest rates weigh on business and residential investment.
  • Markets' pricing for a further 75bp increase in Bank Rate by the summer jars with Governor Bailey's tone.

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Keywords for: 6 Mar 2023 UK Monitor

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