<ul><li>We will bring inflation back down to 2% target by 2025</li><li>Important signal yesterday was the changed inflation outlook</li><li>Monetary policy transmis
<p>BoE raises Bank Rate by 0.25% to 0.50% today, by a slight majority of 5-4 vote. Four hawks (Jonathan Haskel, Catherine L Mann, Dave Ramsden, Michael Saunders) voted for a more aggressive 50bp
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