Carney no longer matters before referendum

by Ashraf Laidi

Sep 9, 2014 17:47

BoE's Carney told unions today interest rates will begin to “increase by the spring and thereafter”, considering rates follow the path expected by the markets. The assessment strikes a balance between those who were still anticipating a Q4 2014 rate hike and those seeing a tightening after Q2 2015. Carbey returns tomorow when he speaks to Parliament. Full analysis & charts.

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