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BoE’s Saunders on April GDP  data: BoE  has repeatedly said economic data likely to be volatile

Additional comments continue to cross the wires from  Bank of England  rate-setter Michael Saunders as he responds to questions after delivering his prepared speech earlier in the hour.

  • Smooth Brexit still likely to leave UK’s economic prospects worse than staying in EU.
  • When setting rates, should not just look at Brexit uncertainty but whether growth above or below potential.
  • Asked about April GDP  data, says BoE  has repeatedly said economic data likely to be volatile.

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