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Evening Standard
Evening Standard
Business
Jonathan Prynn

Analysis: A banquet of bad news from the Bank of England - but let’s stay hopeful on jobs

Bank of England Inflation MPC

The Bank of England announced its interest rate decision on Thursday (Yui Mok/PA)

(Picture: PA Wire)

Well there was plenty to chew on in the Bank of England’s monetary policy summary today - and none of it very palatable.

The 0.25 per cent bone thrown to the market dogs today will not keep them happy for long. The MPC toughened its language to pledge that it will “act forcefully” in inflation looks set to stay high longer than expected.

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