Skip to main content

Inflation concerns, economy off to a bad start in Q3

The latest batch of labour market data will have done little to ease the Monetary Policy Committee’s (MPC) concerns that the coming rise in inflation could be sustained in 2022. But we are not convinced that a majority of MPC members will vote for an interest rate hike in mid-2022, as some forecasters expect, and instead think that it will happen in mid-2023.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access