Carney is quiet ahead of BoE guidance

07/31/2013 | Reuters

Markets are unsure of what to expect from Bank of England Governor Mark Carney as the Monetary Policy Committee meets today. JPMorgan Chase predicts a 20% chance of policy change. "There seems little doubt that ... Carney and his MPC colleagues will want to ram home the message to businesses, consumers and the markets that any tightening of monetary policy is a very long way off," said Howard Archer of IHS Global Insight.

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