Bank of England Governor Mark Carney is now delivering his remarks on the monetary policy outlook in a press conference. Key quotes (via Reuters) UK fiscal policy is shifting to a more accommodative stance. UK economy is in process of adjusting to a new and uncertain relationship with EU. Expectations of households and businesses are diverging from base case assumption. Could be greater than usual short-term volatility in UK data. Related articles Bank of England leaves policy rate unchanged at 0.75% as expected. In a widely expected decision, the Bank of England’s Monetary Policy Committee held the policy rate unchanged at 0.75% with a unanimous vote. The asset purchase facility remained steady at €435 billion as well. GBP/USD jumps back above 1.2900 handle post-BoE. The GBP/USD pair quickly reversed a mid-European session dip to mid-1.2800s and spiked to fresh one-week tops, beyond the 1.2900 handle post-BoE. About Mark Carney Mark Carney is Governor of the Bank of England and Chairman of the Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulation Authority. His appointment as Governor was approved by Her Majesty the Queen on 26 November 2012. The Governor joined the Bank on 1 July 2013. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Carney speech: Whatever happens after Brexit, monetary policy will act to ensure price stability FX Street 4 years Bank of England Governor Mark Carney is now delivering his remarks on the monetary policy outlook in a press conference. Key quotes (via Reuters) UK fiscal policy is shifting to a more accommodative stance. UK economy is in process of adjusting to a new and uncertain relationship with EU. Expectations of households and businesses are diverging from base case assumption. Could be greater than usual short-term volatility in UK data. Related articles Bank of England leaves policy rate unchanged at 0.75% as expected. In a widely expected decision, the Bank of England's Monetary Policy Committee held the policy rate unchanged… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
