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Macro - Weekly Briefings - United Kingdom
Macro - Weekly Briefings - United Kingdom
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Macro - Weekly Briefings - United Kingdom
The BoE raised Bank Rate by 25bps to 4.25% this week. With so much monetary tightening already in the system, but still to feed through into activity or inflation, we think Bank Rate has now peaked. However, the risk of a May rate hike has risen.