More from Carney (2): BOE’s job to help make Brexit work

BOE governor Carney concluding his BBC Radio 4 interview 29 Sept

Carney understandably coy about being quoted too far on Brexit outcome.

Less than 2 weeks ago the merest hint of rate hikes would have seen GBP spike higher yet we now have a rally of 10-20 pips on comments I reported in my previous post.

I’m not being myopic or talking my short book but  I hope we now have some more rational behaviour on interest rate talk vs Brexit and consumer credit concerns that  Carney & Co currently have.

GBPUSD 1.3305 from 1.3382 lows. EURGBP 0.8802 from 0.8811

Next GBP risk comes from final Q2 GDP data at 08.30 GMT

Here’s the schedule for Day 2 of the BOE’s 20th anniversary of independence bash

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