Inflation figures keep worrying Carney – UOB Group

FXStreet (Edinburgh) - Analysts at UOB Group noted the appreciations of Governor Mark Carney regarding the global and domestic consumer prices.

Key Quotes

“Bank of England Governor Mark Carney said that the strong GBP could delay interest rate rise”.

“And he said that BOE is vigilantly monitoring inflation expectations, and the central bank has tools to deal with downside inflation risks”.

“He concedes that the low inflation is testing central banks, which is largely due to sharp decline in oil prices”.