Will weak activity prompt the BoE to cut rates faster?

While the rebound in CPI inflation in October strengthens the case for caution at the Bank of England, the worrying news on activity recently may mean some Monetary Policy Committee members reconsider that position. Further ahead, the Bank will be keeping a close eye on pay settlements to gauge the inflationary impact of the £26bn rise in employers’ national insurance contributions announced in the Budget.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.