Rosa & Roubini Associates Copyright 2017 – 2023

MONETARY AFFAIRS

Preview: In a Finely Balanced Decision, We Expect The BoE To Raise Rates In March, Financial Instability Permitting

by Brunello Rosa and Nato Balavadze

17 March 2023

In this paper we discuss:

Our latest assessment of the UK economy;
What we expect the BOE to do in March given the uncertainty created by the collapse of SVB and CS difficulties;
The five arguments in favour of a hike in March, and the four arguments against;
How the economy has performed compared to the February 2023 forecasts; and
The market implications of all the above.