BOE governor Carney from the ECB panel discussion 14 Nov
- UK currently operating under exceptional circumstances now due to Brexit
- there is an impact on incomes
- markets must be prepared thoroughly for policy shift
- taper tantrum lesson showed importance of communication
- Fed succeeded in guiding markets on balance sheet move
- transparency improves policy transmission
There will be Q&A session from the floor shortly so let’s see if they manage to trip anyone up.