BOE governor Mark Carney begins his press conference
- No-deal Brexit could mean substantial economic contraction
- Fog of Brexit is causing short-term volatility in economic data
- Brexit uncertainty hitting housing market, consumers
- Businesses are seen building up stockpiles as Brexit contingency planning
Expect plenty more comments alluding to Brexit uncertainty and how much it is weighing on the economy. That's the main theme from the quarterly inflation report released earlier. Cable is now back to near unchanged levels from before the BOE decision at 1.2888 currently.
