Vocal Voices

Carney is the target of the aggression.

The increase we have seen in the £ today has much more to do with the admission from Carney that rates are likely to have to rise in the near term, than the court decision on A50 being triggered.

Now we have two fairly certain things. One is A50 will be triggered some time in the next year. The other is that either way rates are going to rise.

Bounce.......

It would be nice to have a bit more interest on savings. Hopefully it can be done without 1980's levels of inflation.

If only Carney was alone in all this....

He is only the figurehead, in some ways. The BoE has its Monetary Policy Committee to chip in. Then there are those like the IMF, World Bank, UK Banks, the CBI, the Chancellor and other economics experts from all corners all coming out with much the same doom and gloom. Their input and its effects were all part of the problem(s).

Yes, he is at the top and supposedly in control, so he rightly takes the flack, but he could not control what was being said outside the BoE.