BOE MPC members still testifying 21 Feb
- BOE rate hikes would be gradual and limited
- risks in latest BOE projections to the upside
- potential for greater than forecast global momentum
- we have some distance to travel to get back to even 1% productivity in UK
This will go on for a while yet
GBP nudging a little higher but going nowhere fast at 1.3954, 0.8835 and 150.02
