
Macro - Weekly Briefings - United Kingdom
Description
Macro - Weekly Briefings - United Kingdom
The message sent by May's UK PMIs of an economy suffering a loss of momentum but still under strong inflationary pressures, captures the dilemma facing the MPC in advance of June's interest rate decision. Rates are likely to rise again, but division among the MPC will probably widen.
The message sent by May's UK PMIs of an economy suffering a loss of momentum but still under strong inflationary pressures, captures the dilemma facing the MPC in advance of June's interest rate decision. Rates are likely to rise again, but division among the MPC will probably widen.
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