This outcome infers the current pace of tightening is too much...
UK going for broke on growth ...
The challenge will be fiscal vs monetary tensions ... markets has shown its view ...
Pause for a moment and take a breath!
Market is now pricing a big recession ... (by historic standards)
Perfectly captures the differences between a systemic crisis & a cyclical recession ...
UK needs economic migrants ... it's lack of them simply makes it harder to run the economy in a low inflation - low rate state ...
Ouch ...
Consensus ...
Liquidity indicators ...
Fearful face emoji ...
