BoE's Broadbent: BoE forecasts ‘are not that strong’

Bank of England (BOE) policymaker Broadbent is crossing the wires, via Reuters, suggesting that the recent forecasts of the Bank of England were not strong.

Key quotes (via Reuters):

  • Labour market tightness ‘means something for future wage growth’
  • Squeeze caused by rising import prices won't last forever

NZD tumbling over 1c in response to RBNZ - Westpac

The research team at Westpac explains that the RBNZ today kept the current OCR and MPS projection to mid-2020 unchanged. Markets had clearly been posi
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GBP/USD drops further, hits one-week low during Carney’s presser

The GBP/USD pair extended post-BoE downward spiral and tumbled to one-week low near mid-1.2800s during Governor Mark Carney's post-meeting press confe
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