BOE Carney’s speech: there is an impact on incomes due to Brexit

Speaking at the Central Bank Communications Conference, hosted by the European Central Bank in Frankfurt, the BOE Governor Mark Carney was noted saying that the UK is operating under exceptional circumstances now and there is an impact on incomes due to Brexit.

Would like a reasonable transition period post Brexit, Carney added.

Meanwhile, the GBP/USD pair held weaker below the 1.3100 handle as investors digested the latest UK inflation figures, released earlier today.