# Markets are ignoring Mark Carney – but for once, they shouldn’t | MoneyWeek

> The Bank of England kept its policy rate at 0.75% unanimously, while Governor Mark Carney signaled rates may rise more than markets expect. Markets expect only one hike before 2021. The commentary argues investors could be wrong-footed if Brexit proves less damaging than feared.

- Date: 2019-05-03 · published 2019-05-03T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/59334-markets-are-ignoring-mark-carney-but-for-once-they-shouldn-t-moneyweek
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Divergence between BoE guidance and market pricing can strengthen sterling if hikes are priced in, affecting currency-linked import costs. Direct grain and feed price effects are minimal.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- moneyweek.com: https://moneyweek.com/506303/mark-carney-interest-rates-forex-pound-sterling

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.