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23 Jan 2015
BoE Governor Carney to speak at the World Economic Forum – RBS
FXStreet (Barcelona) - The RBS Team highlights that BoE Governor Carney will speak at the World Economic Forum, with the recent dovish shift among members on inflation and inflation expectations, will this speech be indicative of any policy signals like last year?
Key Quotes
“Bank of England Governor Carney is scheduled to speak at the World Economic Forum meetings in Davos. Our economists highlight that the MPC minutes from January showed a meaningful dovish shift among the committee as a whole on inflation and inflation expectations.”
“Governor Carney’s speech comes ahead of the February Inflation Report and was an important speech last year in terms of policy signaling. At his Davos speech last year, Governor Carney said that the Bank’s “assessment of how to evolve guidance to changing circumstance will begin in our February inflation report,” which signaled the shift away from threshold-based forward guidance in February of last year.”
Key Quotes
“Bank of England Governor Carney is scheduled to speak at the World Economic Forum meetings in Davos. Our economists highlight that the MPC minutes from January showed a meaningful dovish shift among the committee as a whole on inflation and inflation expectations.”
“Governor Carney’s speech comes ahead of the February Inflation Report and was an important speech last year in terms of policy signaling. At his Davos speech last year, Governor Carney said that the Bank’s “assessment of how to evolve guidance to changing circumstance will begin in our February inflation report,” which signaled the shift away from threshold-based forward guidance in February of last year.”