BoE's Broadbent: Not confident about saying what direction interest rates would go after no-deal Brexit


Additional comments from Bank of England (BOE) Deputy Governor Ben Broadbent continue to cross the wires now with key quotes, via Reuters, found below.

  • I think markets understand BoE very well, doesn't mean they agree with everything in forecast.
  • I am not very exercised about whether market path of interest rates is same as BoE expects.
  • Negatives of giving interest rate forecasts are not sufficiently recognised.
  • I don't feel confident about saying what direction interest rates would need to go after no-deal Brexit.

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