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

Noticias del mercado

26 junio 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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