UK interest rates rise not a foregone conclusion, says Bank

Biggest decisions in next few years will be in response to Brexit negotiations, says Carney

Expectations that UK interest rates will rise in May could be overblown, the governor of the Bank of England has indicated.

Mark Carney said that while more rate increases would be coming over the next few years, some of the recent economic data had been softer and inflation had fallen faster than the Bank's policymakers were predicting in February.