UK Activity: Soft but Stable Outlook
- The ONS’s third estimate of Q1 UK GDP growth was unrevised at 0.2% q-o-q, as expected, albeit not yet delivering the upgrade that the BoE...
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BoE: Hiking Rates Early (Call Change to May-18)
Hawkish warnings from the BoE have been mounting, with Andy Haldane now indicating a desire to raise rates in 2017, despite historically being a...
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BoE: Silvana Tenreyro Has Some Dovish Form
Kristin Forbes’s replacement on the BoE MPC will be Silvana Tenreyro, who appears to be another well qualified female academic. During her time as...
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FLASH: UK Retail Normalises Lower After Easter
UK retail sales retraced much of its Easter-related strength in May as overall sales fell by 1.2% m-o-m (1.6% ex-auto fuel). This fall was...
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BoE: Hawkish 3D Trade-Off Raises Rate Hike Risk
Ian McCafferty and Michael Saunders joined Kristin Forbes in the hawkish dissent at her final MPC meeting. Upside inflation news and low...
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