020 7898 0500Following contradictory comments from Bank of England Governor Mark Carney and its Chief Economist Andy Haldane, sterling had a see-saw week. It is likely that any further clues on policy could result in further movement. The markets will therefore be paying close attention to any noise coming from the BoE.
Today we have the BoE financial stability report. It is released twice a year and is an assessment of conditions in the financial system and potential risks to financial stability. Carney is due to speak at a press conference following its release at around 11am. A Q&A session usually follows and it is likely he will be pressed on interest rates.
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