BOE governor Mark Carney: gradual hikes needed if economy performs as expected

Market news

26 February 2019

BOE governor Mark Carney: gradual hikes needed if economy performs as expected

will provide all stimulus possible after no-deal Brexit, subject to price stability
fundamentals of the UK economy are sound
Brexit creating tensions for consumers, businesses
no-deal Brexit will be inflationary
BOE won't reduce QE holdings until rate reaches at least 1.50%

GBP / USD continued its growth amid Carney’s comments and reached January 28 high

BoE’s Vlieghe: pay growth not putting upward pressure on CPI

ECB’s Lane: EU labour market remains strong

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