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The Bank of England (BOE) MPC Board Member Gertjan Vlieghe was on the wires last minutes, via Reuters, making a scheduled speech at Imperial College Business School, in London.

Main Points:

More communication can be expected as QE unwind approaches.

QE unwind need not have a material impact on yield curve or economy.

That is should it be well communicated and be done gradually.

Should expect yield curves to be flat again on average.

QE does affect yield curve but primarily by affect expectations of future monetary policy.