With inflation easing and uncertainty about the economic outlook growing, the MPC’s decision to keep Bank Rate at 0.5% looks set to be repeated for a few more months. And while the MPC will not wait to raise rates until price pressures build, it is unlikely to be compelled to raise them quickly next year.
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