The Bank of England governor Mark Carney, headline on the wires:
- Says even when monetary policy changes, given the headwinds, we would expect any adjustment to be very gradual
- No immediate need to change monetary policy
- Will re-examine forward guidance at the February inflation report
- Shouldn’t focus too much on the unemployment threshold, and he won’t be jumping to conclusions to lower the threshold
- Says the Bank of England is at a very different place now since guidance introduced (what, Threadneedle Street not good enough for ya?)
Nothing new in these comments from him.Except maybe the building at Threadneedle Street is on the market
Adam had more from Carney earlier, here: Carney scraps forward guidance target – FT
And …
I know Louise would be disappointed if I didn’t put up a pic of Mr C. So here’s one for all the ladies to swoon over:
Mark Carney, hasn’t quite got the hang of Blue Steel just yet, but getting closer
