π¬π§ UK retail hits an 18-month low, and the BoE's hawks still want to hike
The day in view
π¬π§ UK retail hits an 18-month low, and the BoE's hawks still want to hike
The CBI's Distributive Trades Survey fell to β54 in June, an 18-month low, even as Bank of England hawks debate hiking from 3.75% into a consumer slump already running at near-crisis severity.