Economic risk 50/100 (weight 60%, confidence 89%). Central-bank language hawkish -> 68/100 (weight 27%). Governance risk 64/100 (weight 13%).
“The Monetary Policy Committee voted to maintain Bank Rate at 5.25%. CPI inflation is expected to return sustainably to the 2% target. The Committee will ensure that Bank Rate is sufficiently restrictive for sufficiently long. There are risk…”