Some points.
1. Self on the Today programme, Radio 4
The interview starts at
1:20:11 :
https://www.bbc.co.uk/sounds/play/m002nhxx
2. A feature of the BoE minutes that caught my eye:
In 5th November, they said "The MPC sets monetary policy to meet the 2% inflation target,"
Today they said
"19.
The Monetary Policy Committee’s job is to ensure that CPI inflation falls all the way back to the 2% target and stays there."
This is an interesting addition I think, trying to signal to the market that drifting along at above 2% is not what they want to do.
