In our latest CIO Special, 'So far, so good: BoE policy under the sign of growth resilience', we look at the improved outlook for UK growth and consider the implications for central-bank decisions to come.

We highlight the following:

  • In Q4, British households’ real disposable income increased - after four quarters of losses.
  • Resilient growth in 2022 increases chances of avoiding a recession in 2023.
  • Volatility in UK bond markets will remain as market expectations adjust to data-dependent monetary policy.

 

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