Bank of England Commentary
3rd August 2018
BoE Governor Carney says a few more rate hikes will be required in the coming years, nothing has changed about his personal plan to leave BoE in 2019, hike today was a correct decision.
4th August 2018
5th August 2018
BoE’s McCafferty (Hawk) says we are starting to see rising inflationary pressures and says it is a reasonable rule of thumb to expect a couple more small interest rate hikes over the next couple of years.
8th August 2018
Says the City was currently pencilling in two interest rate rises in the next two years but that the increases would probably be “front-end loaded”.
September 1st 2018
- BoE's Carney says if economy stays on path we will need more rate hikes
- He says expectations in markets and businesses is for a Brexit deal.
September 26th 2018
September 27th 2018
He says wage growth since Brexit vote has been strikingly weak
He says likely will still pick-up as forecast in August
Notes market moves suggest investors increasingly unsure against 'downside' Brexit outcomes; investors' moves to hedge against downside outcomes still small versus pre-Brexit vote