• Carney: not everything on Brexit may be tied up by end of march

Notícias do Mercado

7 fevereiro 2019

Carney: not everything on Brexit may be tied up by end of march

  • We have projected that Brexit uncertainty will last longer than we expected

  • There is upside for UK economy if there is clarity on brexit deal sooner

  • If there is a no-deal Brexit shock, that would increase chance of a negative quarter of growth

  • Central expectation is that we will have higher uncertainty but some kind of Brexit arrangement

  • Core of UK financial system ready for whatever form Brexit takes

Market expectations for UK rate increase by end 2019 fall to 41pct vs 50pct earlier
BOE governor Mark Carney: No-deal Brexit could mean substantial economic contraction
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