Speaking about fiscal policy and QE
We will only adjust policy as we see fit meeting to meeting
Shafik: The plan is to carry out QE fully
Asked about what would get them to stop or taper QE.
The limit to which the BOE will tolerate inflation overshoot will depend on the reasons for it
And it's all over.
Nothing really to give the pound any additional fuel and we're looking at a strong failure of 1.2500. I'll give players a few minutes more to mess around, then I'm taking some money off the table and running the rest.
While I don't think we're changing the main trend, we could see a short period of gains in the pound, if we get over these sorts of humps.
BTW, I'll be making an adjustment to my 'Brexit: What now?' post as it looks like any appeal will be straight to the High Court and will be the final trip to the wigs.
