
Macro - Weekly Briefings - United Kingdom
Description
Macro - Weekly Briefings - United Kingdom
Though the MPC raised Bank Rate for the third successive meeting, March's minutes revealed a clear change in tone. Growing concerns about the downside risks to growth from high inflation mean that we think another 25bps hike in the UK policy rate in May will be the last for a while.
Though the MPC raised Bank Rate for the third successive meeting, March's minutes revealed a clear change in tone. Growing concerns about the downside risks to growth from high inflation mean that we think another 25bps hike in the UK policy rate in May will be the last for a while.
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