Appearance underway
- a disorderly Grexit would carry risks
- Uk's direct exposure is small
- ECB has tools and is willing to act
View here
- weak UK inflation largely due to energy,food
- BOE's inflation target is absolutely symmetric
Weale:
- UK interest rates may have to rise earlier than markets expect
- comfortable with view of inflation at target early 2017
- risk of fall in pound due to trade balance is "substantial
Weale's comments are from his own report to the Commitee here
