De-integration effects of Brexit Expected...>

UK DATA: De-integration effects of Brexit Expected To Be Inflationary   

-BOE Carney: Trade-Off Between Inflation, Spare Capacity "Diminishing" 

-BOE Carney: Rising Global Eql. Int. Rate Reinforces Modest Tightening

-BOE Carney: Spare Capacity Absorbed Little More Rapidly Than Expected  

-BOE Carney: Supply Capacity Likely To Expand Modestly In Coming Years

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The UK's inflation outlook will depend on how inflationary 

forces, from higher tariffs, the exchange rate, supply chain and labour 

market impacts will be offset by disinflationary forces, BOE Governor 

Mark Carney said. Brexit will lead to a string of inflationary pressures 

due to its hit on the supply side of the economy, but these would likely 

be   offset to some degree by weaker spending and softer demand for UK 

goods and services in the EU. He restated the warning from the 

September MPC minutes that a rise in Bank Rate was likely to be 

justified in coming months.