Amidst the rather confusing signals given by Bank of England Governor Mark Carney and colleagues in recent weeks, one message to become clearer is an apparent increased focus on the question of whether stronger business investment can compensate for weaker consumption growth. A positive answer to that question could prompt an earlier tightening of monetary policy.
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