Should markets be pricing in the likelihood of an economic hard landing?
There are solid arguments supporting a harder landing scenario than markets are pricing in
There are solid arguments supporting a harder landing scenario than markets are pricing in
Monetary policy will ‘likely need to be restrictive for quite some time yet’
Core inflation is ‘still stubbornly sticky’ at 5.7%
Wage growth excluding bonuses eased to 7.7%
The risk of a UK recession and an ‘outright fall’ in inflation is growing
Committee voted by a majority of 6-3 for the hold
Key events for UK wealth managers for the week starting 30 October
ONS introduces new process which uses tax data and benefit claims
UK CPI is ‘trapped between the push and pull of prices at the pump and those on supermarket shelves’, warn experts
A modest 0.2% rise in GDP was reported
Bond markets are preparing for ‘higher for longer’ interest rates despite falling inflation
Chief economist says recession risks are higher than markets are pricing in