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What to expect from BoE's Carney today? - RBS

FXStreet (Bali) - Brian Daingerfield, FX Trading Strategist at RBS, shares his thoughts on today's Bank of England Governor Carney testimony before a Treasury Committee on the BOE bill.

Key Quotes

"Bank of England Governor Carney is due to testify before a Treasury Committee on the Bank of England bill today – while the focus is thus not directly on monetary policy or the growth outlook, the Q&A on the role of the BoE may drift into a discussion of current monetary policy."

"BoE hawkish dissenter McCafferty is also due to speak today and, in light of moderating data and still-soft inflation, any hint that McCafferty has softened his conviction to hike the policy rate could be seen as a signal of how the committee as a whole will discuss the outlook in the November Quarterly Inflation Report."

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Stimulus coming, but from where? – Rabobank

Michael Every, Research Analyst at Rabobank, suggests that there is a growing market sentiment that more stimulus needs to be coming from somewhere soon.
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