The Governor is taking questions from the media now.

Mark Carney press conference August 28 2013 2

Carney with a couple bottles of vodka to get him through the presser

So far he’s hammering home that hitting the forward guidance doesn’t necessarily mean hikes, not by a longshot.

Update: Notes the BOE will look at average hours worked, the participation rate (adjusted for demographic changes) and involuntary part-time work as measures along with 7% unemployment.