UK Inflation: Dec-19 Disrupted by Complex Seasonal
UK inflation disappointed expectations in Dec-19 as an early index date drove airfares to undershoot even my below-Consensus forecast. 70% of that...
360 Views
UK: Reprofiled GDP Doesn’t Create Dovish Slack
UK GDP was revised higher ahead of a surprisingly sizeable Brexit-related shock in Nov-19, which left the level in line with my forecast....
282 Views
UK Wrap: Bullish Trends Return as Risk Subsides
Activity: Surveys are biased by uncertainty and should rebound towards the official data now political risk has subsided. I see underlying trends...
366 Views
Agenda For The New Bank of England Governor… Ease and Quickly
UK monetary policy far too tight. New BoE Governor Bailey needs to ease CrossBorder Capital UK Liquidity Index only 23.6 ('normal' range...
603 Views
BoE: Seeking Proof from the Political Pudding
Both Michael Saunders and Jon Haskel maintained their dovish dissents at the MPC’s Dec-19 meeting, as expected, despite the decisive political...
600 Views