BOE MPC Vlieghe still up to the mic 12 Feb

  • uncertain outlook on both over next few years
  • want to stress there is huge uncertainty on interest rates, could go up faster or ,more slowly
  • neutral UK interest rate also very uncertain
  • if global recovery and labour market continue to improve then its telling us further rate rises are likely

So that'll all be uncertain then lol. Money for old rope for these guys eh? Could, maybe, possibly. Yep thanks for the forward guidance.

Meanwhile GBPUSD a tad higher at 1.3863 after finding support around 1.3835. EURGBP chewing through bids around 0.8850.

Uncertain Vlieghe says market outlook is, er, uncertain.