In this speech, Monetary Policy Committee member Michael Saunders discusses why the UK economy has grown more rapidly than expected since the 2016 EU Referendum. He then goes on to consider the economic outlook for the rest of this year, and the next, and argues that the UK is likely to see continued steady growth, with the drag on household spending from higher inflation being roughly offset by a recovery in business investment and exports. Michael also expects the rate of unemployment to remain low.
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