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MNI November BOE Instant Answer

UK
  1. Was the Bank Rate raised and if so by how much? Unchanged
  2. What was the vote Split for Bank Rate? Who dissented? 7-2 Ramsden and Saunders
  3. Will the full GBP875 billion Gilt purchase plan be ended early? No
  4. What was the vote split for the APF and who dissented 6-3 Ramsden, Saunders, Mann
  5. Where do the MPC see inflation peaking? 5.0%, April 2022
  6. UK modal CPI forecast in 2 years time (Market/constant) 2.23/2.80
  7. UK modal CPI forecast in 3 years time (market/constant)  1.95/2.57
  8. Did the MPC issue guidance identical or very similar to its August line that some (further) : "modest tightening of monetary policy over the forecast period was likely to be necessary to be consistent with meeting the inflation target sustainably in the medium term"? yes
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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