The pound fell further after a dovish inflation report. Markets are pricing in an interest rate hike in 2018, a few months before Brexit, but does the need to control inflation mean we’re at risk of an interest rate hike now more than ever? Neil Williams, Group Chief Economist, gives an overview of the Inflation Report as Carney explains what went wrong with the BoE’s initial forecast after a hefty adjustment to the GDP and gives his views on the new trade agreements being forged.
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