• BoE's chief economist Haldane: Economic prospects next year are perhaps materially brighter than a few weeks ago

Notícias do Mercado

18 novembro 2020

BoE's chief economist Haldane: Economic prospects next year are perhaps materially brighter than a few weeks ago

  • UK economy surpassed expectations in Q3
  • Economic prospects for Q4 are very uncertain
  • Economic activity very likely to be below levels at the start of the year
  • The potential macro-economic benefits of easing ZLB [zero-lower-bound] constraint appear to be significant
  • The macro-economic costs of ZLB constraint require thorough exploration
  • Three R’s – Recovery, Rebalancing, Revitalisation – are more important than ever; so too is the need for optimism about opportunities this crisis will serve up, as all crises do
  • Digital opportunities in the areas of payments and lending are large and could deliver lasting benefits to individuals and companies

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