We're moving to the last seconds of central bankers 15 minutes of fame - says Carney

Speaking about current policy coming to an end

  • Fiscal and structural policy and trade policy is starting to take some burden from monetary policy

A certain deputy finance minister in Germany might beg to differ.

  • Won't comment about specific remarks on other countries FX policy

  • BOE is pretty comfortable with wage forecasts but BOE's agents report lower wage settlements

  • Will look quite closely at UK pay growth ex-bonuses as that may have implications for rates

The pound is finding nothing remotely hawkish so far and has fallen to 1.2553 now

  • This will be the month inflation hits target (2%)

  • BOE will help the economy as a squeeze on incomes takes place (Another nod that rates won't be rising soon)

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