- BOE seeks to hit inflation target without damaging output
Market pricing puts the odds of a hike in November at roughly 50%. If oil stays down here the effects of the war should be unwound quickly so we will see where inflation lands by Q4.
The pound is up 6 pips to 1.3352 today and these comments won't move it.
In other UK news, Andy Burnham announced that he will keep the triple lock.
