Comments are from the Yorkshire Post

BOE's Cunliffe has added:

  • UK growing robustly relative to the rest of the world.
  • Fed rate rise would be a good sign of US strength
  • Some firms were worried about skills shortages
  • Disinflationary pressure coming from the rest of the world
  • Looking to see what happens to productivity
  • I am data dependent
  • Movement in rates will be gradual and limited.
  • Wages are immensely important

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The GBPUSD is trading at 1.5056 at the time of the headlines.