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13 Aug 2014
BoE's Carney: No specific threshold for wage growth
FXStreet (Łódź) - In the Q&A part of Carney's press conference the central bank head suggests that the MPC has no specific threshold for wage growth.
• The MPC will continue observing a range of data.
• The expectations for productivity slack acceleration was over-optimistic.
• MPC's view of 1% slack very uncertain.
• Strength of the pound is hurting exports.
• The MPC will continue observing a range of data.
• The expectations for productivity slack acceleration was over-optimistic.
• MPC's view of 1% slack very uncertain.
• Strength of the pound is hurting exports.