BOE MPC's Tenreyro speaking to Bloomberg TV 24 Nov

  • Brexit's future impact on CPI not clear
  • policy moves will depend on how economy evolves
  • sees modest GDP growth over next 3 years
  • signs of wage pickup, domestic CPI pressure
  • 2 rate hikes over next 3 years seems reasonable
  • markets have understood BOE's message

Really ?

GBPUSD suitably unfazed at 1.3295 EURGBP a tad lower at 0.8904