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Reaction to the May 2017 Bank of England Inflation Report

The Bank of England voted to leave UK interest rates at record lows as the Brexit effect is making its mark on monetary policy. With Carney stating that the outlook is dependent on Brexit negotiations, the pressure is on for May. Neil Williams, Group Chief Economist, takes a closer look at the bank's forecasts. With hawkish comments in the BoE’s statement, should we expect a rate rise before 2019?

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