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Bank Of England’s Carney, “Mr. Excitement”

Bank Of England’s Carney, “Mr. Excitement”

2 Years ago | May 13, 2018 00:00:00

John M. Bland, MBA, co-founder, Global-View.com


Bank Of England Changes Market Expectations For Policy Last Thursday saw global financial markets keenly focused on the latest Bank of England policy decision. A month ago, traders had a 25bp rate hike locked into their market expectations. However just about three weeks ago Bank of England Governor Carney had sent signals to the markets that a hike at this meeting was unlikely due to an unforeseen slowdown in 1Q18 growth. Many in the markets were then feeling that Carney had only postponed a rate hike until August of this year and thus were expecting the

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