- BoE says fall in inflation in Q1 2018 reflects faster fading of sterling-driven inflation, domestic costs picking up as expected
Notícias do Mercado
10 maio 2018
BoE says fall in inflation in Q1 2018 reflects faster fading of sterling-driven inflation, domestic costs picking up as expected
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Current market rate path implies around three 25 basis point rate hikes over next three years (similar to feb path)
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Says ongoing tightening of monetary policy over forecast period is "appropriate" to return inflation to target over conventional horizon
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McCafferty and Aaunders say q1 gdp weakness "temporary or erratic", rate rise now could mitigate risks of more abrupt change in interest rates
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Most MPC members want to wait to see how data unfold "over the coming months" before raising rates, as cost of waiting low
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