Most MPC members are unlikely to feel comfortable with the near-term inflation outlook but the pickup in January should reduce concerns.
In other words, the BoE can tick off the last but one of our boxes around the turn of the year and thus our main scenario is that BoE will hike in Q1 16, probably in February.
"BoE is expected to increase the interest rate at a relatively modest pace of around 75bp annually in the coming years, taking the Bank Rate to 1.25% by the end of 2016", says Danske Bank.


Yen Sinks as BOJ Rate Hike Fails to Impress Markets
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge
BOJ Raises Interest Rate to 31-Year High as Yen Weakens
Fed Unveils Stablecoin Rules Under GENIUS Act
Fed’s Hammack Says More Data Needed Before Next Rate Move
RBI Rate Hike Bets Surge as Inflation Rises
ECB May Stop Rate Hikes After December, Capital Economics Says 



