BOE's Ramsden still testifying to the Treasury Select Committee 17 Oct

Ramsden is a former senior UK treasury official and now on the MPC with a vote for the first time in Sept.

  • will continue to take each decision on the merits at each meeting
  • existing BOE guidance on timing of unwinding QE makes sense
  • wage growth less than would have been expected in past given low spare capacity.

Watch it live here

Carney up around 10.15 GMT

GBPUSD back down to 1.3255 EURGBP up to 0.8870