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BoE’s Haldane: UK monetary policy needs to be flexible

Additional comments from  Bank of England Chief Economist Andy Haldane continue to cross the wires as he responds to questions after delivering his prepared remarks at  an event for local businesses in Scunthorpe, northern England. Below are some key quotes as reported by Reuters.

“UK  monetary policy needs to be flexible and fleet of foot.”

“Brexit means UK  monetary policy will be different to US or eurozone.”

As of writing, the GBP/USD pair was trading near mid-1.24s, posting small losses for the day.

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