Carney is one meeting from "Merv the Swerve" status - he pulled the rug on Expectations last time // His concern two years ago was the unknown effect of Brexit -- now that the issue has been resolved a rate hike is appropriate -- hmm, maybe not
The politics of the MPC and the No Deal warning by Carney a few weeks ago argues for a coin toss on a rate hike // the BoE is making the same mistake as the Fed, i.e., hiking BEFORE balance sheet "normalization"
UK JY 10:10:57 GMT - 08/01/2018
May be seeing some eurgbp selling ahead of boe rate hike tomorrow
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