First day back after two weeks early summer sunshine in Salento (the heel of Italy) and I have spent the afternoon watching the BoE MPC press conference on playback and reading the May Inflation Report. And while watching events from afar last week left me a little worried that the risks were tipping to a later … More BoE: edging closer to the start of normalisation

While a couple of weeks have passed since the BoE released the February Inflation Report, I thought it was still worth looking back at the salient points, and the messaging that has followed. The most significant message in the Inflation Report was that the Bank made explicit that it would “look through” the one-off falls … More BoE: closer to hiking than you might think