• 25% chance of a recession in the coming year (35% prior)

  • UK GDP to grow: 2016 1.8% vs 1.7% prior, 2017 0.8% vs 0.7% prior, 2018 1.4% unch

  • BOE to cut rates by 15bp to 0.1% by year-end. Unchanged from Sep poll

  • Inflation to average: 2016 0.7% unch, 2017 2.3% unch, 2018 2.3% vs 2.2% prior

*via forexlive

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