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Transcripts For BBCNEWS The Papers 20170914

The numberof done this before, ive lost count of the number of times mark carney has suggested that this free money, that a lot of people feel they have been enjoying in the last ten years, is about to come to an end. We have heard the same from the European Central bank and the Federal Reserve of the United States as well. We note in the story that a number of organisations have responded for a quickly. The pound has rallied, Sterling Rose 12 to 1. 34, its highest level in 12 months, just because of this hawkish statement. Other observers are saying, yes, maybe we need to raise rates. But in the end, when you look at this story, ijust think its all about the bank of england probably flying this kite, not really intending to do this, itsjust this kite, not really intending to do this, its just about making people realise that sooner or later this has two went. Are you as sceptical, or do you think on november we will hear some news has to end. It will come very slowly, maybe 0. 5 , but

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