MONETARY AFFAIRS
Flash Review: BOE Raise Rates, but Now Needs to Strike a Balance Between Rising Inflation and Upcoming Recession
by Brunello Rosa and Nato Balavadze
4 August 2022
In this paper we discuss:
- The BOE's latest assessment of the UK economy;
- What the BoE announced in August and could do in coming months;
- The changes in the BoE's forecasts, which now include a recession in 2022-23;
- The policy discussion within the MPC, on the size of the rate increase; and
- The market implications of all the above.
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Download PDF: R&R Flash Review Bank of England - August 2022
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