Current MPC policy appropriate - BoE's Carney

At his press conference today, Governor Mark Carney said:

"GBP appreciation could reflect expectations of a smoother Brexit".

"Projected inflation overshoot reflects effect of GBP fall since November 2015".

"Current MPC policy appropriate".

"Infaltion to stay above target through forecast period".

UK: Increased attention on key data releases over the coming week - Westpac

Tim Riddell, Research Analyst at Westpac, suggests that the dichotomy between firmer UK business surveys and a slowing in recent housing surveys, diss
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The economy is growing solidly - BoE's Carney

Mark Carney, Governor of the Bank of England, added: "Since forecasts were made, market curve has steepened". "Factors weighing on wages are not exp
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