The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation and the economy

Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes short-term growth forecasts for economy in blow to Rachel Reeves

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.