Key details from the BoE today - Scotiabank

Ross J Burland FXStreet

Analysts at Scotiabank noted the key details from the BoE today.

Key quotes:

"Bank of England left policy makers opted to leave settings unchanged today, as expected."

"A 9-0 vote in favour of no change was in line with expectations following the Aug tightening and shifting attention to Brexit risks."

"Indeed, the policy statement noted heightened uncertainty around Brexit since Aug."

"The statement noted some negative spillover into the economy via trade and investment from Brexit."

"Gov. Carney briefed the Cabinet on preparations for a ‘no deal’ Brexit earlier."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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