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Bank of England hints an Interest rate cut in response to Brexit hit

Published On 13 Jan 2020 12:47 PM


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Ms. Silvana Tenreyro, Policymaker, Bank of England, stated that if the economy slows down then she would support the move. 

 

She states that the November forecast of the bank on recovery in demand assumes that this year, the UK moved to a free trade agreement with the EU. The uncertainty gets clarified at the earliest. 

At the Resolution Foundation think tank in London, Ms. Silvana stated in a spee....


Tags : UK Economy, Brexit, Bank of England,
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