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22nd Nov 2021 18:00U.K., Economic Monitor

  • MPC members Bailey and Pill are sitting on the fence, despite last week's upside data surprises.
  • In a weekend paper interview, the Governor highlighted the public sector's role in driving the recovery.
  • We put the odds of a December rate hike at 60%, well below the 80-to-90% range priced by markets.

August bank rate committee cpi cpi inflation December economy employment g20 gdp gdp growth gilt governor carney growth inflation inflation expectations interest rates investors labour labour market labour market data majority markets monetary mpc mpc members nhs November October policymakers public sector rate hike September supply treasury us voters wages

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