BOE’s Haldane: Expect some further limited and gradual rises, if economy continues to tick along
|In an interview with the Daily Mail, the Bank of England (BOE) Chief Economist Andy Haldane spoke about the Brexit deal and the central bank’s rate hike plans.
Haldane noted: "If the economy continues to tick along, as we expect, then we might expect some further limited and gradual rises."
But the Bank will respond flexibly to any downturn.
A brexit deal would reduce uncertainty, lead to more business investment.
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.