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Waiting for a Rate Move - UK Macro Analysis

Geoff Riley

5th November 2015

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Some superb macro analysis here from the economics team at RBS. Inflationary pressures are now - more than ever - aligned with global (external factors) and with long-term pressures on cost and price inflation staying muted, we could be waiting a deal longer for the first UK policy rate hike. What price rates staying below 2% between now and the end of 2017?

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.