UK Economics

MPC Watch

7 September, 2017

Risk of more hawkish tone than markets expect

The MPC is unlikely to spring any surprises at its meeting on 14th September. However, the economy has performed broadly in line with its expectations. Moreover, the pound has fallen further since the Inflation Report, which will put more upward pressure on inflation. So the minutes could strike a more hawkish tone than markets are anticipating.

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