The UK CPI report for June will provide fresh evidence of whether the economy has a persistent inflation problem – and whether the Bank of England will need to do more in response.
Chief UK Economist Paul Dales, Deputy Chief UK Economist Ruth Gregory and UK Economist Ashley Webb held a client briefing shortly after the June CPI release on the UK inflation and policy outlook, and what this all means for economic growth.
During this 20-minute session, Paul and the team took client questions as they addressed key issues, including:
- What the latest CPI report says about the inflation outlook;
- The Bank of England’s response – and what this all means for growth;
- The potential impact on gilt yields and the pound.
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