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/ VIEW: Barclays do not see the August..........>

BOE: / VIEW: Barclays do not see the August inflation numbers being "sufficient
to alter" their view that the "MPC will maintain the status quo for the
foreseeable future".
- "Unless wages show credible acceleration, conditions are just not in place for
the current temporary inflation shock to translate into something more sustained
and out of control, requiring the intervention of the central bank to tame
activity and wages", Barclays add.
- Barclays also believe that the recent "turnover" of MPC members has led to a
"more neutral stance", meaning it would take even more upside surprises to data
to "get back to the stance" seen a few months ago.

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