Current MPC policy appropriate - BoE's Carney

Pablo Piovano FXStreet

At his press conference today, Governor Mark Carney said:

"GBP appreciation could reflect expectations of a smoother Brexit".

"Projected inflation overshoot reflects effect of GBP fall since November 2015".

"Current MPC policy appropriate".

"Inflation to stay above target through forecast period".

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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