BOE's Pill: Up to markets to decide if we are considering a 50 bps rate hike

Bank of England (BOE) Chief Economist Huw Pill said in his scheduled appearance on Friday, "it is up to markets to decide if we are considering a 50 bps rate hike."

Additional comments

"The word "forcefully" was put in the context of "if necessary".

"Statement had a level of flexibility to encompass different views."

"We are trying to signal that we may need to act further."