Carney has the pound under pressure - ANZ

By FXstreet.com | August 13, 2014 AAA

FXStreet (Guatemala) - Brian Martin, ANZ Research at ANZ gave us a snap shot around BoE’s Carney’s emphasises on low earnings and gradual rate rises.



Key Quotes:



"Sterling fell in response to the dovish tone to the BoE’s August inflation report and the correction may run further".



"Interest rates will normalise as the economy recovers but the BoE is not on a pre-set course".



"Geopolitical risks to the economy have intensified and the outlook for wage inflation was downgraded".



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