UK: Inflation Trend Is Not a Friend

Painful trend inflation could continue causing upside surprises until the brisk expansion burns itself out. Second-round effects in wages are needed to extend it. The BoE is likely to hike on 3 Feb.

Macroeconomics
163 Views, 20 Jan 2022 02:25
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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