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Money & Credit (Dec.)

December’s money and credit figures revealed that higher interest rates further dampened economic activity at the end of last year. Moreover, the drag on activity will continue to intensify this year as the Bank of England raises interest rates by 50 basis points (bps) on Thursday, from 3.50% to 4.00%, and to a peak of 4.50% in the coming months.

Central Bank Drop-In (2nd Feb., 11:00 EST/16:00 GMT): Join us for this special 20-minute online session when we’ll be taking your questions and highlighting key takeaways from the first BoE, ECB and Fed policy decisions of the year. Register now.

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