mpc rate rise

Monetary Policy Committee will struggle to justify more than one rate rise

7th August 2023 Consumer Lending | #mpc rate rise

Reassuring economic developments in most leading indicators of inflation mean that the Monetary Policy Committee (MPC) will struggle to justify more than one more rate rise according to EY ITEM Club. The MPC’s continued concerns about the ‘second-round’ effects of strong pay growth feeding through to high inflation, plus potential internal worries around criticisms of…

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mpc rate rise

Monetary Policy Committee will struggle to justify more than one rate rise

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