AI Generated Content, Heteronomics

Heteronomics AI

AI Generated Content

Heteronomics

Heteronomics represents a different kind of economics. We believe analysis should delve into the details of what is really going on, rather than using overly simplistic assumptions to quick-sell stories. Independence from myopic institutional pressures allows us to focus on the realities underlying your asset allocation decisions, without the conflicts of the old market structures. Heteronomics targets the themes driving UK asset prices, offering the benefits of depth, independence and ultimately price.

UK-centric macro research

Macroeconomics

<ul>
<li>The BoC held rates at 2.25% as expected, balancing weak growth against energy‑driven inflation and keeping a flexible stance on future rate moves.</li>
<li>Future hikes hinge on energy costs feeding into core inflation, wages and expectations; otherwise, the Bank can tolerate headline CPI near 3% temporarily.</li>
<li>Significant US tariffs or deeper domestic slack could trigger cuts, but markets currently price a flat path near 2.25% with only modest hikes after 2026.</li>
</ul>


The BoC held rates at 2.25% as expected, balancing weak growth against energy‑driven inflation and keeping a flexible stance on future rate moves.
Future hikes hinge on energy costs feeding into core inflation, wages and expectations; otherwise, the Bank can tolerate headline CPI near 3% temporarily.
Significant US tariffs or deeper domestic slack could trigger cuts, but markets currently price a flat path near 2.25% with only modest hikes after 2026.


BoC Holds: Two‑Way Rate Risks