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4 Jul 2014
Carney will keep sending confusing signals to the markets - Adam Narczewski
FXStreet (Łódź) - In an interview for FXStreet, Deputy Regional Director at XTB Poland Adam Narczewski says that in his opinion BoE's monetary policy communications will continue to be confusing.
Key quotes
"Mark Carney will keep sending confusing signals to the markets."
"From one side he will be stating that he is getting investors ready for interest rate hikes by the BoE, from the other side trying not to make the Pound appreciate too much."
"Carney is trying not to allow a high GBP/USD rate, unsuccessfully so far."
"The UK economy is strong enough that the markets expect and interest hike soon, despite what BoE representatives say officially."
"Till now, investors were able to rate the economy well, despite the BoE's mistakes."
Key quotes
"Mark Carney will keep sending confusing signals to the markets."
"From one side he will be stating that he is getting investors ready for interest rate hikes by the BoE, from the other side trying not to make the Pound appreciate too much."
"Carney is trying not to allow a high GBP/USD rate, unsuccessfully so far."
"The UK economy is strong enough that the markets expect and interest hike soon, despite what BoE representatives say officially."
"Till now, investors were able to rate the economy well, despite the BoE's mistakes."