Of the major world economies, the UK is closest to reaching a peak in short term interest rates. Ag...
Of the major world economies, the UK is closest to reaching a peak in short term interest rates. Against the backdrop of a very positive Government supply story and an inflation rate well below the 2.5% target, Britannic believes that the outlook for gilts is very encouraging. Economic activity in the UK looks to be moderating. Areas of potential overheating such as domestic demand and the housing market are now coming back to levels that are unlikely to cause concern for the Monetary Policy Committee (MPC). The biggest sources of inflationary risks, namely the housing market and the l...
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