Further comments by BOE MPC member, Gertjan Vlieghe

  • Would do so even if it is politically unpopular
  • Other MPC members do not find it as useful to talk about interest rate path
  • Does not see a very big gap between his view on rates and BOE's inflation report

Very much a repeat of the message that the BOE and Carney sent during the monetary policy meeting last week. For now, it's all about Brexit for the pound with the crucial vote in parliament to come later on whether she would be allowed to continue with current negotiations.