• BoE Deputy Governor Broadbent: Doesn't know which way rates would go in case of a messy no-deal Brexit

Market news

13 May 2019

BoE Deputy Governor Broadbent: Doesn't know which way rates would go in case of a messy no-deal Brexit

  • delay in Brexit deadline to October will have a negative impact on investments.

  • Investment already feeling the consequences of uncertainty.

  • If Brexit deal is struck, there could be quite a strong rebound in investment.

  • any BOE rate hikes will be gradual.

  • Haven't decided whether to apply to succeed Carney as BoE Governor.

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