The Monetary Policy Committee (MPC) will take some comfort from recent data suggesting that the economy has maintained its momentum in Q4, while sterling’s recovery may have lessened the extent to which inflation will overshoot the MPC’s target. Nonetheless, with the outlook remaining extremely uncertain, we expect the MPC to keep rates on hold for a long while yet.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services