Our forecasts in 2025 – Inflation miss, Bank Rate hit

At this time of year it is useful to look back at how your forecasts have done and to learn from any mistakes to improve your future forecasts. Both we and the consensus underestimated inflation again this year. But our forecasts for Bank Rate were much more accurate than the consensus. So on balance, our forecasts were a bit better than the consensus.

We’ll be discussing the outlook for Bank of England, Fed and ECB policy in a 20-minute online Drop-In at 3pm on 18th December (register here).