Entering text into the input field will update the search result below

BOE's Carney keeps them guessing

Jun. 24, 2014 7:27 AM ETFXB, GBB-OLDBy: Stephen Alpher, SA News Editor
  • Doing his best to shake up currently dead volatility in foreign exchange, Bank of England Governor Mark Carney - days after suggesting markets aren't pricing in rate hikes soon enough - says the U.K. economy still has spare capacity needing to be filled before higher rates are needed.
  • He also assures any hikes are likely to be gradual and limited.
  • Cable quickly slipped from about $1.7030 to $1.6970 on his remarks and is currently lower by 0.2% on the session to $1.6991.
  • ETFs: FXB, GBB

Recommended For You

More Trending News