This 'Wrap' pulls together the UK story as an annotated compilation of my published charts, updated to include the latest data.- Activity: The economy appears to be recovering from its Soft patch, but imbalances leave large risks.- Inflation: July was soft again, but further rises are likely. My forecast CPI inflation peak remains 2.9%.- BoE: The BoE backtracked from a hawkish leap and now points to a hike near my May-18 call.- Politics: Withdrawal negotiations have begun, but a...(continued)
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