oil price impact should fade within a year
UK enjoying solid economic growth
ECB action will support Eurozone economy
Sir John Cunliffe, BOE dep gov speaking on BBC radio's 5 Live
Nothing of note. Posting for info but still on air
- UK in a better position if Greece were to exit the Eurozone
- BOE has many contingency plans, won't comment further
- UK productivity starting to pick up
- BOE not seeing conditions as the moment to justify rate cut or QE
Repeating yesterday's line on rate cuts by Carney
GBPUSD still 1.5416