BoE's Cunliffe - I want to see how exports, consumer slowdown plays out

Market news

28 June 2017

BoE's Cunliffe - I want to see how exports, consumer slowdown plays out

Lesson from last few years is that UK economy hasn't generated much inflation pressure
Domestic inflation pressure data gives us time to see how it evolves
Banks' lending standards should not be affected by boe interest rates
BoE bank rate is very small fraction in bank lending rates

U.S. 10-year treasury yield at 2.207 pct vs U.S. close of 2.198 pct on Tuesday

UK house prices rebounded in June, with prices rising by 1.1% during the month - HPI

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