More from the Minutes
- sees economy growing around 1% Q1 and Q2
- sees risks from widening of UK current account
- sees risks in low euro area inflation
- near term inflation pressures eased further
- MPC members “held a range of views” about the extent of employment slack
- UK recovery building momentum, sees some modest rebalancing
Full Minutes here
GBP took a dip on the initial headlines from the Minutes plus varying views on the amount of slack in the economy but GBPUSD has bounced off 1.6800 again to post 1.6823. Range-bound or what.
Pound overall still on the back foot a little
