Bank of England Deputy Governor Jon Cunliffe is a panellist at the Swiss Finance Council Conference in Brussels
- can't see anything in past 3-4 weeks to warrant shift in markets' UK interest rate expectations
- big picture of the world hasn't changed with the yield curve
- productivity has still not recovered, pay is still stuck
Nothing of note that I can see but GBP higher with cable up to 1.4315 and EURGBP lower at 0.7775
- advanced economies in slow healing process
BOE's Cunliffe seeing nothing to change his view