- We are seeing the UK premium in bonds unwind
- Market liquidity is not back to where we were
- Where the truth lies in between the constrant rate and market rate paths, we don't predict
- We maybe have the largest upside risk in inflation forecasts in MPC history
- Ramsden: The majority of the MPC think we will have to make further hikes in the bank rate
- Ramsden: It's likely that further rate rises will be necessary. We don't think it's likely to have to go as high as 5.25%
