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Can’t see anything to warrant shift in UK interest rate expectations – BOE’s Cunliffe

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Bank of England (BOE) deputy governor Jon Cunliffe is now on the wires, noting that he sees no reason to alter his view on BOE’s rate hike outlook.

    Key Quotes:

    Can’t see anything in past 3-4 weeks to warrant shift in markets' UK interest rate expectations

    Big picture of the world hasn't changed with the yield curve

    Productivity has still not recovered, pay is still stuck
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