The MPC's policy statement this week cements our view that interest rates will rise further from 0.50% now to 1.25% by the end of this year and perhaps a bit further in 2023. If anything, the MPC's hawkishness suggests that rate hikes will come sooner than we anticipate.
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