The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetarypolicy, the Committee ...
Expect the committee to once more reaffirm its monetarypolicy stance, that it is expecting to normalise policy as it is convinced that wages and inflation continue to reinforce one another.
While economic growth now looks to be weaker, this was expected — the BoE forecast for Q3 growth is 0.4 per cent, down from a forecast of 0.7 per cent in Q2. Services prices have been the real ...