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6th Nov 2024 11:45UKDaily Monitor

  • Mr. Trump’s promise of higher tariffs and tax cuts should prove stagflationary for the UK.
  • The MPC will focus on the inflation boost, because inflation expectations are elevated.
  • We expect CPI inflation to rise to 2.2% in October, from 1.7% in September, as utility prices increase.

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Keywords for: 7 November 2024 UK Monitor

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