need some time to observe the growth of inflation, rate hike could damage economic growth and the labor market
Bank of England sees "the limits in terms of the extent to which you can let inflation rise above the target level"
Members of the Monetary Policy Committee voted unanimously in favor of continuing the bond purchase program worth 70 billion pounds
Forbes and McCafferty continue to express doubts about the necessity of QE.
The Bank of England raised its inflation forecasts after the sharp drop of the pound, is now expected to achieve the target level of inflation in 2020
The Bank of England's recent decline of the pound connects with the idea that trade with the EU will be less open
The Bank of England raised its forecast for inflation in 2017 to 2.7% from 2.0% in August
raised the forecast for inflation in 2018 to 2.7% from 2.4% in August
expects inflation in 2019 at 2.5%, which is above the target level of 2%
The Bank of England raised its forecast for GDP growth in the UK in 2017 to 1.4% from 0.8% in August