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LONDON, Nov 3 (Reuters) Two British set pieces will dominate much of the news agenda in Europe today a High Court ruling on whether PM Theresa May can trigger Brexit negotiations without recourse to parliament; and the Bank of England’s inflation report. Economists firmly expect no change to interest rates to be announced from midday today and instead will focus on what it says about future price movements and how it would view a overshoot of its 2 percent inflation target, now a possibility given the sharp fall in sterling since the Brexit vote. A judgement either way might not actually alter the expectation that Britain will at some point leave the EU, but financial markets judge that any intervention by parliament might lead to a “softer” Brexit in which Britain ends up retaining more access to the EU single market.
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