- We will keep rates high enough for long enough to return inflation to target
- OFGEM price cap means we can be confident about energy bills lowering inflation
- It’s important that services inflation falls steadily over next year
- There is a considerable way to go on quashing inflation
- Whether GDP growth is slightly negative or slightly positive won’t impact monetary policy
- How long restrictive stance will be needed depends on incoming data
- We have to be mindful of balance of risks between doing too little and too much
- Events in Middle East create risk of higher energy prices
This article was written by Adam Button at www.forexlive.com. Source