Yes folks, the TSC questioning continues and has moved onto Brexit 21 Nov
- not worried about issue of policy reversals
You can still watch it live here
I've long argued that both the BOE and Fed were/are looking to hike rates to create wiggle room when the next proverbial hits the fan, as it will.
Vlieghe:
- downturn in business surveys not simply slow progress in Brexit talks would be needed for BOE to drop assumption of smooth Brexit transition
Assumption of smooth Brexit? Oooohhhh, how silly.
GBPUSD suitably unfazed anyhow at 1.3240 with 1.3250 still providing a cap since the 1.3209 lows
Cunliffe - BOE will need to be nimble
