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stagflation

The Weekly Briefing:
Is the UK a stagflation outlier?

A Capital Economics podcast
23rd June, 2023

After that shock CPI report and the Bank of England’s aggressive response, Neil Shearing discusses whether there's anything special about the UK having to tackle to cope with high inflation-slow growth conditions. Along with his survey of the latest advanced economy data, the Capital Economics Group Chief Economist also talks about what EM central banks have been doing right. And he explains why, despite recent signs of improvement, fundamental strains in US-China relations will continue to drive the fracturing of the global economy.

Plus, in an exclusive clip from our online client briefing following the Bank of England’s June meeting, Paul Dales, Ruth Gregory, Andrew Wishart and Adam Hoyes answer client questions about the impact of another ratcheting up of Bank Rate on everything from household finances to house prices to the gilt market.  

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