Flash Review: BOE Increases Rates While Forecasting A Prolonged Recession in the UK

MONETARY AFFAIRS

Flash Review: BOE Increases Rates While Forecasting A Prolonged Recession in the UK

by Brunello Rosa and Nato Balavadze

3 November 2022

In this paper we discuss:

1. The BOE’s latest assessment of the UK economy, including of a “prolonged recession;”
2. What the BoE announced in November and could do in coming months;
3. The changes in the BoE’s forecasts, which now include a longer recession in 2022-24;
4. The policy discussion within the MPC, on the size of the rate increase; and
5. The market implications of all the above

Contact us to obtain the password to open the PDF

Download PDF: R&R Flash Review Bank of England – November 2022

Back to Research

Back to Homepage