Market news
02.11.2017, 12:09

BoE says all members agree that any future rate rises expected to be "at a gradual pace and to a limited extent"

  • Market interest rate assumption based on bank rate at 0.7 pct in q3 2018, 0.9 pct in q4 2019, 1.0 pct in q3 2020

  • Economic outlook "Broadly similar" to august, "considerable risks" remain, including around brexit

  • Boe forecast shows inflation in two years' time at 2.21 pct (aug forecast 2.19 pct), based on market interest rates

  • Shows inflation in one year's time at 2.37 pct (aug forecast 2.58 pct), based on market interest rates

  • Unemployment rate at 4.2 pct in two years' time (aug 4.5 pct), based on market rates

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