BoE's Carney says disorderly Brexit would probably also lead to higher interest rates, other things being equal

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28 November 2017

BoE's Carney says disorderly Brexit would probably also lead to higher interest rates, other things being equal

Disorderly Brexit would cause slower growth, higher unemployment and weaker currency in short term
Disorderly Brexit would lead to "some pain"

Forex option contracts rolling off today at 14.00 GMT:

Bank of England's Carney says in event of 'very narrow' financial services Brexit deal, banks unlikely to be able to use techniques like 'back-to-back' to preserve London activities

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