- We are evidence-based
- Inflation dynamics in the UK are different to that in the US
- There is always volatility when it comes to the data
- We can't not look at the labour market, even with the latest ONS data shortcomings
- There is no law that says the Fed must move first before other central banks
- One rate cut will still leave us with restrictive monetary policy
- We do not have a very precise view on where rates will end up (Broadbent)
- Politics are not a consideration for timing of next rate move
There doesn't seem to be much added spice in the Q&A here. I will update the post if there's anything else but I reckon that's about it in terms of significant headlines from the BOE today.
