Investors in U.K. markets were still digesting news of evaporating inflation when Mark Carney threw them another curveball. In testimony to U.K. lawmakers on Tuesday, the Bank of England governor said the time for a rate increase is moving closer, sending the pound to a one-week high against the dollar, pushing U.K. stocks down for the first time in five days and hurting government bonds. The moves contrast to those earlier in the day, when a report showing U.K. consumer prices stagnated in the 12 months through June offered ammunition to those BOE officials who favor keeping interest rates at a record-low 0.5 ... (full story)