More on the comments from the BOE's Forbes in The Telegraph

Forbes wrote an op-ed in The Telegraph

Forbes said growth was strong before the Brexit vote due to consumer spending.

"Preliminary indicators suggest that the consumer remains calm. Some measures of consumer confidence fell immediately after the vote, but only to levels at or above historical averages. Spending at a major department store fell during the rainy week of the vote, but then recovered," she writes. "Online retailers report little change in spending. These indicators are not very reliable predictors of consumer spending-but they also do not suggest consumers are cutting back."

She directly takes on other MPC members who want to cut rates in August, saying there is "a valid case" to wait and see.

" In my view, we can wait to use these tools until we better understand the effects of the referendum, the optimal magnitude of any stimulus, and how best to target these tools to be most effective and minimize the negative side-effects," she writes.