Nomura's Janjuah Sees the Need for a Small BOE Hike

The video discusses market expectations for rate hikes and whether economic data justifies them. It explores the interplay between fiscal and monetary policy in the US, EU, and UK, highlighting potential impacts of fiscal changes like stamp duty adjustments. The discussion also covers the implications of rate hike cycles on economic strength, questioning if economies can handle increased rates.

In what ways could the stamp duty regime be made more progressive?

What concerns are raised about the impact of interest rate hikes on consumers?