NIESR with their latest projections on the UK economy
- UK GDP to grow 6.1% in 2021
- UK GDP to grow 4.7% in 2022
- Expects inflation to take longer to fall back to target than BOE does
- Thinks that BOE will raise rates to 0.5% by Q2 2022, then pause once inflation peaks
For some context, the latest look at UK consumer inflation based on the September report:
