BoE’s Broadbent: Not inevitable to say rates will rise as Brexit proceeds
|Key highlights from the speech by the Bank of England's Ben Broadbent, Deputy Governor Monetary Policy, at London School of Economics.
Not inevitable to say rates will rise as Brexit proceeds.
We’ve had only limited data since productivity flattened out.
MPC putting more weight than usual on direct measures of spare capacity.
EU withdrawal isn’t something that necessarily means lower interest rates; this belief is overdone.
Households aren’t anything like as pessimistic as financial markets about Brexit.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.