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12th Dec 2024 20:38UKWeekly Monitor

  • Budget uncertainty, Mr. Trump’s tariff threats and a weak consumer hit October GDP.
  • We lower our Q4 GDP growth forecast to 0.2% quarter-to-quarter; downside risks are building.
  • The MPC will still be cautious; inflation expectations surged in Q4 to their highest since May 2022.

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Keywords for: 16 December 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence