Comments from BOE's Weale:

  • UK has seen weak survey figures recently
  • People concluded disaster isn't looming after Feb
  • Things that worried people at the start of the year have eased
  • There was an overreaction in financial markets in first few weeks of this year about expectations on first BOE rate hike timing

If there's anyone to blame for stoking rate hike expectations and then pulling out the rug, it's Mark Carney.