• Bank of England's Carney - if Brexit is smooth, interest rates will be driven by demand in economy

Market news

25 May 2018

Bank of England's Carney - if Brexit is smooth, interest rates will be driven by demand in economy

  • BoE is confident major UK banks can withstand a "cliff-edge Brexit"

  • In exceptional circumstances boe can tolerate lengthier inflation overshoots, up to a point

  • If Brexit is "disorderly", BoE likely to take similar approach to policy as after june 2016 referendum

  • Brexit will be key factor for BoE interest rates

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