• but later in the year is a different matter
  • would be surprised if view changed in near future

Speaking on BBC Radio Ulster

As things stand at the moment I don’t see the case for an increase in the interest rate

I would be surprised if that were to change in the near future but later in the year would be a different matter. I will have to see how the economy evolves, what’s happening to labour market pressures and what’s happening to wages

Cable dips to 1.6985 on the headline but then back to 1.6991 on the follow-up comment but nothing different from yesterday’s comments that had little impact