» BoE Still Suggesting Only Gradual and No Imminent Rate Hikes! Decision Economics

BoE Still Suggesting Only Gradual and No Imminent Rate Hikes!

Posted August 13, 2014 by rvillareal

The latest (August) BoE Inflation Report surprised few in confirming a slightly more upbeat real activity outlook in the near-term, alongside still subdued (and largely unchanged) inflation projections. Notably, the latter saw the MPC pare back its estimate for the equilibrium jobless rate, partly a result of what has still been disappointing productivity developments.

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