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Waiting for a Rate Move - UK Macro Analysis
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5th November 2015
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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