bearish

BoE: Hiking Oh-My-Chronic Pain

Phil has highlighted this Insight as a Top Pick
303 Views17 Dec 2021 01:47
The BoE swerved to deliver an immediate 15bps rate hike. An early rise implies a fearful urgency, but we expect deteriorating data to discourage another rise until May-22.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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