As it stands at the moment, we still think that the Russian/Ukraine conflict is more likely to boost inflation in the UK by more than it reduces GDP growth and that the Bank of England will continue to raise interest rates at the next few policy meetings. But it is worth considering the other plausible scenarios, which could prompt the Bank to delay interest rate hikes or even raise interest rates faster.
UK Housing Drop-In (Wed. 2 March, 10:00 GMT): Andrew Burrell and Andrew Wishart will be discussing how long prices can keep rising in a 20-minute session on Wednesday. Registration details.
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