Haskel further acknowledged that they see long-term scarring effect from the COVID-19 outbreak.
"Too early to say if vaccines news will significantly improve the BoE's economic outlook for 2021."
"If the economy comes back because of the vaccine, the effects of Brexit may be a longer-term problem for the economy."
"We still have plenty that we can do in terms of policy firepower."
These comments don't seem to be having a significant impact on the British pound's performance against its rivals. As of writing, the GBP/USD pair was trading at 1.3332, gaining 0.07% on a daily basis.
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