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

Notícias do Mercado

29 novembro 2018

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

  • Releases Brexit "Scenarios," Says Not Forecasts Since Many Details Unknown

  • Rates "Won't Necessarily" Follow "Mechanical" Path Set Out Under Brexit Scenarios

  • Rate Response Will Depend On Balance Of Hit To Demand, Supply

  • Under "Close" Post-Brexit Relationship, GDP 1.25% Lower Than If No Brexit Vote By End-2023

  • "Close" Deal Would See GDP 1.75% Higher Than Nov Forecast By End-2023

  • GBP Could Appreciate By 5% Under "Close" Brexit Deal

BoE: GBP Could Fall 15% In Disruptive, 25% In Disorderly Brexit
Federal Reserve Chairman Jerome Powell ignited a market rally Wednesday by saying interest rates are "just below" broad estimates of a level considered neutral - DJ
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