Macro - Weekly Briefings - United Kingdom

Macro - Weekly Briefings - United Kingdom



As expected, UK CPI inflation rose sharply in October, and in the short-term the clear direction of travel for inflation will be upward. Despite a raft of public appearances by the Bank of England's Monetary Policy Committee this week, there was little indication that the committee is likely to deviate from the current 'cut-hold' tempo of rate cuts.


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