Following the Bank of England's (BoE) decision to leave the policy rate and the Asset Purchase Facility unchanged at 0.1% and £895 billion, respectively, BoE Governor Andrew Bailey is delivering his remarks on the policy outlook.
Key quotes
"We have not had any official labour market data that post-dates end of furlough scheme."
"Do not assume I am giving a strong clue by noting that there are two official labour market releases between now and December meeting."
"No member of the MPC, myself included, gave any commitment about this meeting."
"It was a very close call today."
"We are in a situation where calls are close and quite hard."
"We never said we would act at a particular meeting."
