BOE governor Carney: It's more likely we would provide stimulus than tighten policy after no-deal Brexit

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26 June 2019

BOE governor Carney: It's more likely we would provide stimulus than tighten policy after no-deal Brexit

response to interest rates is not automatic if there is a no-deal Brexit
BOE forecasts do not include no-deal Brexit risk which is priced into market interest rate forecasts, GBP unmoved
Risk of no-deal Brexit has pushed down market path for interest rates.
If there is progress towards a Brexit deal, current BOE forecast will be "very relevant".
BOE will change its forecasts if government's official Brexit policy changes.

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Banks in Britain revive preparations for no-deal Brexit - consultants EY

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