Mark Carney speaks at the February inflation report

  • Developments pose downside risks to UK economy
  • Trade outlook is particularly challenging
  • Net exports expected to drag on growth
  • Household and business confidence remains robust despite EU referendum
  • Strong business growth is expected to continue
  • Labour market expected to remain strong
  • 2015 productivity growth probably the fastest in 4 years
  • Inflation remains low due to low oil prices
  • Domestic cost growth should rise this year
  • Wage pressure takes a little longer to appear
  • BOE is setting policy to get inflation to target in around 2 years
  • There are upside and downside risks to inflation
  • MPC stands ready to act to ensure inflation returns to target in a sustainable fashion

So far there's nothing additionally dovish aside from the vagueness of the "around 2 years" target