(Hawkish) Comments from the Bank of England's McCaffery a little earlier:
- BoE's McCafferty-a good deal of current low inflation could be transitory
- Why the Bank of England's McCafferty voted to hike
Crossing the Bloomberg now, too. It's a fact that a lot of the time headlines on the Bloomberg have a bigger market impact than appearing elsewhere. Cable is stabilsing after falling in the wake of Janet Yellen's Hawkish (maybe less dovish is a better description) comments earlier ... the comments from a BoE MPC member are hawkish on the GBP and should be supportive.
Conflciting forces at work on cable this morning ...
