Bank of England's Mark Carney speaks in the House of Lords
- Inflation likely to remain close to zero for much of 2015, once we get there
- Most of the falls in CPI is due to weakness in commodity prices but not all
- Sees UK output growth remaining solid and increasing signs that wages are picking up
- Gentle rise in interest rates is likely and consistent with mandate
- The medium term risk to financial stability remains from the housing market
There's nothing much here we didn't hear from the inflation report a couple of weeks ago