No mention of monetary policy from Carney at Mansion House
Once bitten, twice shy it seems ;-)
- BOE keenly alert to risks to financial stability from sharp changes in liquidity
- Welcomes views on whether market or rules need to be changed
- Potential volatility on markets caused by new rules and changes in markets probably still have further to run
It's regulations for entrées at the Mansion House dinner tonight and absolutely nothing for the market to get its teeth into.
The pound looks a bit disappointed and falls to 1.5504 from 1.5527
