Carney speech: BoE is well prepared for whatever path the economy takes

Bank of England Governor Mark Carney is now delivering his remarks on the monetary policy outlook in a press conference.

Key quotes (via Reuters)

• Risk premia on sterling assets have increased somewhat in recent weeks.
• Some signs that business sentiment is softening due to Brexit.
• Equilibrium interest rate is not a direct guide to setting monetary policy.
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About Mark Carney 

Mark Carney is Governor of the Bank of England and Chairman of the Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulation Authority. His appointment as Governor was approved by Her Majesty the Queen on 26 November 2012. The Governor joined the Bank on 1 July 2013.