Additional comments from Bank of England (BOE) Deputy Governor Ben Broadbent continue to cross the wires now with key quotes, via Reuters, found below.
- I think markets understand BoE very well, doesn’t mean they agree with everything in forecast.
- I am not very exercised about whether market path of interest rates is same as BoE expects.
- Negatives of giving interest rate forecasts are not sufficiently recognised.
- I don’t feel confident about saying what direction interest rates would need to go after no-deal Brexit.