BOE's Carney still conducting Q&A 27 June

  • there are areas of consumer credit that require vigilance

Horse, door, bolt and stable are words that spring to mind.

  • growth in consumer credit is not a response to low BOE bank rate

Oh really? Maybe not in entirety cos we know that households were keen to borrow at higher rates too but cheap rates helping to stoke the fires for sure.

  • we devote necessary time to making mon pol decisions

Or lack of them as the case may, and all at a MPC meeting rate of around £13k each.

Nice work if you can get it.

  • Risks from China are at the top end of global risks
  • UK election result has not changed BOE contingency plans for Brexit

Give it time Mr C, give it time.

Meanwhile GBPUSD still making its mind up at 1.2747 EURGBP 0.8827

Only 6 1/2 hours until Yellen steps up to the mic at the Royal Academy event in London.C