The Bank Of England Chief Just Fired The Ultimate Warning To Markets At The Most Awkward Moment
So the head of the Bank of England just decided to have some fun.
Right as the first World Cup match is starting, Mark Carney just fired the ultimate warning.
Here's the headline that Bloomberg just fired off: CARNEY SAYS BOE COULD RAISE RATE SOONER THAN MARKETS EXPECT.
You really can't get a sharper warning than this.
If there's one thing that could unnerve the market, it's the notion of the world's major central banks actually beginning the tightening cycle in earnest.
Here Mark Carney is suggesting that markets, at least in the UK, are being too complacent about when the party will come to an end.
Although the Fed will do its own thing, it seems plausible that Carney's comments will concentrate the mind around what will happen stateside.