BoE's Carney: Any interest rate hikes will be gradual, Brexit could delay rate rises - BBC

During an interview with BBC, Bank of England's Governor Mark Carney has stated that any interest rate hikes will be gradual and Brexit could delay rate rises. "I don't want to get too focused on the precise timing of the next hike, it's more about the general path", he said, while adding that he's sure there will be some "differences of opinion" among MPC members.

Carney stressed that there was lots of good news on the U.K. economy, in terms of jobs and wage increases. However, there was still "significant Brexit uncertainty".

Key headlines (via BBC):

• We have had some mixed economic data
• Uncertainty around Brexit has prevented what would have been a surge of investment
• Productivity is not increasing, which will limit the rate at which people's wages can pick up