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BULLET: -BOE IR: CPI, GDP Growth Forecasts Broadly Unchanged.>

-BOE IR: CPI, GDP Growth Forecasts Broadly Unchanged Vs Aug Projections
-BOE: Tigher Rate Path, Similar CPI Path Points to Hawkish Shift      
-BOE: Demand Projected to Grow A Little Faster Than Supply Vs Aug IR                   
-BOE: CPI 2.10% In Q4 2019 (Market Rates); 2.12% Q4 2020; 2.03% Q2 2021      
-BOE: GDP 1.72% In Q4 2019 (Market Rates); 1.70% Q4 2020 and Q4 2021  
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Updated MPC forecasts showed the Bank's key forecasts broadly 
unchanged versus the previous set published in August. All central 
projections were conditioned on a path for Bank Rate implied by forward 
market rates, which, versus August, priced in just over one more 25bp 
hike. Despite this tighter path, the MPC's CPI projection still had 
inflation above target throughout the forecast horizon, suggesting 
greater inflationary pressures and thus a more hawkish stance from the 
Committee. In line with this, the MPC saw the emergence of excess demand 
starting earlier - in 2019 Q4 compared to 2020 Q3 in its August report.         

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