Bank of England's Carney says past Feb guidance was "explicitly conditioned" on economy evolving in line with Feb forecasts

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10 May 2018

Bank of England's Carney says past Feb guidance was "explicitly conditioned" on economy evolving in line with Feb forecasts

UK economy has not fulfilled those conditions for a rate increase since feb
Key question is whether softness will prove temporary or persistent
UK exporters remain in a sweet spot
Overall economic climate in UK looks little changed thus far

BoE's Carney - Brexit drag on investment, while persisting, has not intensified

BoE inflation report shows unemployment rate at 4.0 pct in two years' time (feb 4.1 pct), based on market rates

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