Flash: BoE Governor Carney speech not so dovish – RBS

FXstreet.com (Barcelona) – The team of Economists at RBS, assessed the first inaugural BoE Carney speech as less dovish than expected, saying “there was nothing new in terms of monetary policy and relative to market expectations the speech was not dovish.” Overall, the Bank’s Economists think “nothing new on what further monetary policy action the BoE might take” adding “it is hard to believe that the rise in rates since the launch of the forward guidance framework is what the Bank desired or expected.”
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