BOE’s Vlieghe: No deal Brexit would lead to significant drop in value of GBP, won't speculate on how much
|Further comments are out from the Bank of England (BOE) external MPC member Gertjan Vlieghe, with the key quotes found below.
Market-based inflation expectations are sometimes distorted by liquidity and risk premia.
BOE wants to build up its own capital base so it can take wider range of decisions without finance ministry involvement.
Sees no reason to expect current good relationship with the UK finance ministry to change.
No deal Brexit would lead to significant drop in value of pound, won't speculate on how much.
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.