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Jonathan Mizrahi, a quantum physicist at Sandia National Laboratories in Albuquerque, puzzled over the convergence last January, in a blog post with buzzed-about line graphs picked up by others online. More than 100,000 people have visited the blog since then, he said, including some who questioned his calculations and prompted him to post a couple of clarifications.
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"Central bank jawboning works only if investors believe the central bank means what it says, and today's minutes will not increase confidence in Carney's words from last week," said Rob Wood, a former BoE economist who now works at Berenberg Bank.
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