Bank of England (BOE) Governor Mark Carney is crossing the wires, saying that the possibility of a rate hike had definitely increased.
Key quotes (via Reuters):
- Price rises have been entirely result of falling sterling due to Brexit
- I see shift in balancing act for BoE
- We will take decision on rates based on data
- Possibility of a rate hike has definitely increased
- Talking about a modest adjustment in interest rates
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