• unclear though why yield curve flattened beyond 3year horizon

  • BOE can respond to events and deliver price stability

  • BOE will look at impact on economy from a EU referendum in UK

  • says it's reasonable to expect faster productivity pickup

Carney getting challenged for constantly kicking the productivity issue down the road with repeated hopes/expectations of a pick-up

  • main objective is to chart a course for monetary policy that sees inflation back to 2% target

Good luck with that one Mr C