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:

  1. The BOE's latest assessment of the UK economy;
  2. What the BoE announced in August and could do in coming months;
  3. The changes in the BoE's forecasts, which now include a recession in 2022-23;
  4. The policy discussion within the MPC, on the size of the rate increase; and
  5. 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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