BoE says all members agree that any future rate rises expected to be "at a gradual pace and to a limited extent"

Market news

2 November 2017

BoE says all members agree that any future rate rises expected to be "at a gradual pace and to a limited extent"

Market interest rate assumption based on bank rate at 0.7 pct in q3 2018, 0.9 pct in q4 2019, 1.0 pct in q3 2020
Economic outlook "Broadly similar" to august, "considerable risks" remain, including around brexit
Boe forecast shows inflation in two years' time at 2.21 pct (aug forecast 2.19 pct), based on market interest rates
Shows inflation in one year's time at 2.37 pct (aug forecast 2.58 pct), based on market interest rates
Unemployment rate at 4.2 pct in two years' time (aug 4.5 pct), based on market rates

BoE says Brexit decision "already having a noticeable impact on the economic outlook"

BoE says "increasingly evident" that pace at which UK can grow without generating inflation has fallen, partly due to Brexit

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