UK: BOE Instant Answers Feb 6 questions

BOE Instant Answers February Questions for the Feb 6 decision. Answers will be published at midday Thursday.

1.    Was the Bank Rate changed, and if so by how much?

2.    Number of members voting for cut of 50bp or greater?

3.    Number of members voting for 25bp cut?

4.    Number of members voting for unchanged rate? 
NB: On questions 2-4 we will name the dissenters (and the magnitude of dissent)

5.    Did the MPC drop reference to a “gradual approach” to removing “policy restraint being appropriate” from their Statement?

6.    Did the MPC say that “the risks from inflation persistence are receding”?

7.    Did the MPC again say Bank Rate is likely to “remain restrictive for sufficiently long”?

8.    Did the MPC again say it will “decide the appropriate degree of monetary policy restrictiveness at each meeting”?

9.    Did the MPC leave its guidance paragraph materially unchanged versus the November policy statement?

10.    UK CPI forecast in 2 years time at market rates (mode / mean)? 
Previous: 2.2% / 2.2% (Previous Q1-27 was 2.1% / 2.1%)

11.    UK CPI forecast in 3 years time at market rates (mode / mean)? 
Previous: 1.8% / 1.8%

12.    Bank’s Agents suggested average pay settlement in 2025?