Is the UK a stagflation outlier?

After that shock CPI report and the Bank of England’s aggressive response, Neil Shearing discusses whether the UK is a high inflation-slow growth outlier. Along with his survey of the latest advanced economy data, the Capital Economics Group Chief Economist also talks about what EM central banks have been doing right. And he explains why, despite signs of improvement, fundamental strains in US-China relations will continue to drive the fracturing of the global economy. Plus, in an exclusive clip from our online client briefing following the Bank of England’s June meeting, our UK, Housing and Financial Markets economists answer client questions about the impact of another ratcheting up of Bank Rate on everything from household finances to house prices to the gilt market.  Click here to read the analysis referenced in this episode.