BOE presser summary

Author: Giles Coghlan | Category: News

Carney is in wait and see mode

Carney is holding out on any commitment for rate hikes. He is in wait and see mode and Q2 data will give us a good indication of what will happen. Generally he is confident in the economy, but any hikes to be 'limited and gradual'. He repeats that over and over again...

So, take it away with you. Rate hikes to be limited and gradual.

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