BoE: GBP Could Fall 15% In Disruptive, 25% In Disorderly Brexit

Market news

29 November 2018

BoE: GBP Could Fall 15% In Disruptive, 25% In Disorderly Brexit

"Less Close" Deal Would See GDP 0.75% Lower Than Nov Forecast By End-2023
"Mechanical" Response Would See Bank Rate Rising "Gently" Under Close, Less Close Deals
"Disruptive" Departure Would See GDP 7.75% Lower Than If No Brexit Vote By End-2023
"Disruptive" Deal Would See GDP 4.75% Lower Than Nov Forecast By End-2023
"Mechanical" Response To Inflation Would See Bank Rate Peak At 5.5% In Disorderly Brexit
Disorderly Scenario Assumes UK Would Lose Access To Trade Deals Between EU And Others

BoE: No UK Bank Needs To Raise Capital Following Stress Test

Bank of England: Response To Any Form Brexit Takes Won't Be Automatic, Could Be In Either Direction

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.