BOE’s Pill: We still think there is more to do on inflation pressures

It is not our job to tell the market how to value assets We are trying to re-anchor our thinking, communication after recent events in the UK The challenge is to set policy so that the economic slowdown is sufficient to ensure inflation. aim and also avoid overshooting in the other direction This happens when if there is a lack of communication, but you can’t blame the BOE for the last mini-budget fiasco. Anyway, they have already shown a more sudden hand by saying that the market is looking too much for a rate hike and it stayed on the pound yesterday.

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