Carney's speech: Inflation could increase above 3% in short term

The BOE Governor Mark Carney now holds a press conference to discuss the Quarterly Inflation Report's (QIR) content and the key headlines could be found below:

   •  Investment restrained by Brexit uncertainty
   •  Demand growth to exceed supply growth
   •  Inflation could increase above 3% in short term mainly due to energy prices
   •  Wage growth to increase due to labour market tightening
   •  UK economy broadly in line with forecasts