More from Ramsden:

  • Genuinely two-side risks around Brexit

  • We have to be careful about translating Brexit outcomes into policy

A missed theme in the past few months is how unworried central bankers are about trade issues. Everyone thinks Poloz won't hike if there are NAFTA problems but if you listen to him, that's not the case. This week, Powell brushed off US-China trade worries as well.