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13th Jun 2024 18:10UKWeekly Monitor

  • The MPC can take some comfort from one-year consumer inflation expectations falling back to average.
  • But five-year expectations are elevated, and trust in the central bank is failing to recover as inflation falls.
  • Trust in the BoE is faring worse than trust in the ECB, suggesting UK inflation will prove more persistent.

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Keywords for: 17June 2024 UK Monitor

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