The Week That Will Be (31st July 2022)

1. The UK 
The poor old Bank of England started hiking well before the other G3 central banks but have done such a terrible sales job that they must now deliver a chunky 50bp hike this Thursday to restore some credibility. The hawks have been making the case for some time that, as Michael Saunders put it in his latest speech, '“too little, too late” would increase the likelihood that recent trends in . . .

To read this article, please log in or sign up to one of our subscription packages.