What is it? Governor Carney is due to participate in a panel discussion titled "Current perspectives on inflation and unemployment in the euro area and advanced economies" at the ECB Forum on Central Banking titled "Inflation and Unemployment in Europe," in Portugal.
As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
When? May 22nd at 7:00pm Eastern Time.
Trading Tip: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.
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