GBP

The Head of the Bank of England has mentioned that the monetary policy tightening is enough to reach inflation targets. He also mentioned the it is important task for both UK and EU to reach an agreement on Brexit in the nearest future. In case of hard Brexit, the earnings may decline. Mark Carney is worried about the possibility of no deal in Brexit. However, if sides are able to reach an agreement, this will positively influence investments inflow and economic growth.

USD

The Head of the Fed Powell has mentioned in his comments that the US economy is fit. The fiscal policy has more influence on economy than the monetary one. Powell underlined that the unemployment rate is on the 50 years’ lows and the recession risks are not high.