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Rates could rise before CPI hits 2% - BOE’s Carney

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - BOE’s Carney at Q&A session at his speech said the interest rates could rise before CPI hits 2% and said the next interest rate decision is likely to be about tightening.

    Key Quotes

    Fall in oil prices mostly supply rather than demand driven

    FX levels have to be persistent to influence policy

    BOE does not look to validate any forex level

    BOE picking up on the uncertainty around political events but investment intentions remain quite robust
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