UK Economics

MPC Watch

6 September, 2018

MPC to wait a while before hiking again

The Monetary Policy Committee (MPC) is unlikely to increase interest rates at its meeting on 13th September so soon after the last rise. In fact, given our assumption that a Brexit deal will only be struck at the eleventh hour, we doubt the MPC will move again until May 2019 – after the UK has left the EU.

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