BoE's Vlieghe: No appetite in MPC for higher interest rates at moment

More headlines are hitting the wires, via Reuters, from BoE's Gertjan Vlieghe speech at Sheffield University:

• Limits for inflation overshoot relates to trade off between inflation and slack
• Inflation boost from exchange rate ultimately will fade
• BOE has a few other tools which it used in august and can use again if there is a further downturn
• We can only ease a little bit further, important consideration for setting monetary policy in future