BOE unlikely to move rates during Brexit negotiations period - Panmure Gordon
Panmure Gordon Chief Economist Simon French says there is no chance the BoE would raise rates tomorrow in response to a higher inflation. He adds “The BoE will sit tight during the Brexit negotiations period, i.e. at least for 2 years”.
Listen to the full segment as French explains, there is no incentive for an interest rate move for at least 2 years and shares his view on the UK house builders, broader markets and politics.
#BOE, #interestrate, #monetarypolicy, #macro, #economy, #UK, #fundamentals, #macro, #finance