Coming up at 0915GMT on Tuesday ... BOE Governor Mark Carney faces questions from UK parliamentarians from members of the Treasury select committee
- Carney, along with Deputy Governor Cuncliffe and Monetary Policy Committee members Miles and McCafferty will answer questions on the Bank of England's May Inflation Report
- The Bank cut its forecast for UK economic growth in the report, to 2.5% fro 2015 from 2.9%
- Also cut forecasts for 2016 & 2017
- It downgraded expectations for gains to wages
- Downgraded also its expectations for productivity growth
- Note - we get inflation data on Tuesday morning in the UK ahead of his appearance
- The BOE expects higher inflation towards the end of the year
Then, at around 1145GMT Carney faces more questions, along with Cuncliffe again, and Financial Policy Committee members Sharp and Kohn. This time it'll be about the Bank's July Financial Stability Report
- Carney said earlier in July that the outlook for UK financial stability had worsened in response to concerns over Greece
- He will likely get questioned on the current state of proposals on Greece. Though, like everyone else, we now wait for the Greek parliament on Wednesday
