BULLET: BOE Minutes: MPC Votes 9-0 To Keep Bank Rate At Meet.>

BOE Minutes: MPC Votes 9-0 To Keep Bank Rate Unchanged At December Meet

-BOE MPC: MPC Vote 9-0 To Keep Stock Of Gilts, Corporate Bonds Unchanged

-BOE MPC: Q4 GDP Growth Revised Down To 0.2%; Expect 0.2% Growth Q1 2019     

-BOE MPC: CPI To Fall Below 2.0% by Jan and Remain There For Some Months      

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The MPC voted unanimously to keep both the Bank Rate and stock of 

asset purchases unchanged at 0.75% and stg445bn repsectively. While 

neutral on policy it made key revisions to some of its key economic 

f'casts published just one month ago in the Nov Inflation Report. Q4 GDP 

growth was revised down 0.1pp to 0.2%, the same outturn now expected in 

Q1 next year but said recent survey data could be "overstating the 

extent of any slowing". CPI was now forecast to fall to 1.75% by 

January, on account of the recent slide in oil prices, and remain below 

target "over the subsequent few months". All else equal, the Nov Budget 

measures were expected to boost UK GDP by 0.3% over the forecast period.