Carney speech: Interest rate increases will be required after smooth Brexit

Eren Sengezer FXStreet

Bank of England Governor Mark Carney is delivering his remarks on the monetary policy outlook in a press conference with key quotes, via Reuters, found below.

"Interest rate increases will be required after smooth Brexit. Yield curve may reflect risk premia on Brexit as well as global developments."

"We are talking about more withdrawal of monetary stimulus, but limited relative to history."

"There are insufficient hikes in the current market curve. More withdrawal of monetary stimulus needed, just not at this meeting."

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Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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