BOE’s Haskel: I won’t speak about monetary policy today

In his appearance on Wednesday, the Bank of England (BOE) policymaker Jonathan Haskel said “I won’t speak about monetary policy today.”

He said, “slower UK productivity is a big medium-term issue.”

Meanwhile, there are reports floating around, citing UK PM Liz Truss could scrap more aspects of the mini-budget.

Market reaction

GBP/USD is consoldiating the renewed upside above 1.1000 amid UK policy uncertainty, adding 0.70% on the day.