#news Risk of Volatility Unlikely to Affect Timing for Rate Hike: - TopicsExpress

#news Risk of Volatility Unlikely to Affect Timing for Rate Hike: BOE Carney clarified that risk of volatility will not affect the timing of policy normalisation but may affect the pace. Slowing UK inflation together with subdued wages had market participants push back BOE rate hike expectations, and the first rate hike is unlikely to happen before the middle of 2015.The governor did say that low volatility environment is going to change as things normalise and transition could be bumpy, underscoring challenges facing central banks to exit from ultra-lose policies. Nevertheless, both cable and EUR/GBP werent influenced by his speech. The material has been provided by InstaForex Company - instaforex.ws #forex #trading

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