Data to set the path of rates for Carney
Bloomberg article stating that markets will be focusing on the vote split. A more hawkish split than 7 doves to 2 hawks will likely send the pound higher as that vote split would indicate a more difficult decision. However, beyond 2018 any solid prospects for a rate hike in 2018 will be data dependent.
Good points and worth paying attention to. Look at the vote split for instant reaction. Then afterwards focusing on the data going forward. One of the hard thing about analysis is that we are always asking, 'what if'. The reality is that most of the, 'what if's' never occur. So, a reminder to be data dependent helps us to trade on the facts of the markets and not the opinions of others.
Also check out the article by Justin earlier you may have missed.
