• Our commitment to the 2% inflation target is unwavering.
  • It is good we have a diversity of views on MPC.
  • We will use scenarios as vehicles for exploring risks around the baseline and accomodating differences of views on the committee.
  • The latest choice of BoE scenarios does not mean inflation risk skewed in one direction.
  • We are on course to put inflation surge firmly behind us.
  • Global economic environment is likely to continue to be challenging and less predictable that it was in the past.
BoE's Bailey
BoE's Bailey
Source: Forex Live