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BOE Seen Tweaking Guidance as Carney Embraces Jobs Boon

Bank of England Governor Mark Carney will change forward guidance next month, economists said as they forecast that unemployment will hit a key level far earlier than previously anticipated.

More than 60 percent of respondents to Bloomberg’s monthly survey said Carney will refine the flagship policy when the BOE publishes its quarterly Inflation Report on Feb. 12. Almost one third of economists said the jobless rate will fall to 7 percent in the first half of the year, a juncture that will require Carney to consider raising borrowing costs.