With Mark Carney having already primed expectations at July’s MPC meeting, we still expect the MPC to embark on full-blown forward guidance at its meeting next month. An unemployment threshold is perhaps most likely, but the drawbacks to using this measure should not be overlooked.
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