Carney on UK TV
- Says he's among majority on MPC on stimulus change view
- UK prices are going up because of the pound drop
The comments were from a pooled television interview taped today. Fresh highs for the day in cable, up to 1.3392.
There is a bit of a logical disconnect here, with Carney brushing off inflation but saying rates need to rise anyway. Non of that matters if you're trading it.
You really have to believe Carney will follow through this time. He's been hawkish and wrong so many times before.