Sentences with phrase «boe inflation report»
Senior Market Analyst Craig Erlam discusses this week's key event risks, with the most notable being the UK jobs report and BoE inflation report hearing.
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Instead, the BoE should be true to its word and undertake a thorough consideration of a rate rise alongside its quarterly forecasts in its February inflation report.
More importantly, the +3.0 % annual reading is below the BOE's forecast that CPI will rise by 3.2 % year - on - year in October, as laid out in the November Inflation Report.
And according to some market analysts, the corrections caused odds for a November BOE rate hike to rise, very likely because the reading for Q2 is substantially better than the BOE's forecast of +1.0 %, as laid out in the August Inflation Report.