Carney on GBP
– By Spring expect to see inflation of 1.5-1.8%
– We will relatively quickly see the effect of sterling on inflation
– There are limits to willingness to look through inflation overshoots
Some creating jawboning from Carney today.
BOE’s Carney: There are limits to willingness to look through inflation overshoots
ByAdam Button
Oct 25, 2016