How the Bank of England could be clearer on the rates outlook
A policy projection would improve monetary policy transparency and reduce guesswork for businesses and investors
A policy projection would improve monetary policy transparency and reduce guesswork for businesses and investors

Bank signals possible cut as soon as next month

New role gives the central bank the opportunity to expand its rate-setting committee

Vote expected to pass by narrow majority and to hang heavily on the views of governor Andrew Bailey

Bankers are expecting easing of leverage ratio as part of forthcoming review

Monetary Policy Committee says borrowing costs may need to rise if energy shock continues to hit global economy

Bank slashes expectations for UK growth but keeps guidance steady