Home BoE’s Cunliffe: When ‘true brexit’ is revealed, path is clearer, you will see exchange rate move

BoE’s Cunliffe: When ‘true brexit’ is revealed, path is clearer, you will see exchange rate move

Updated: 17 Oct. 2018 | 16:38

Below are some of the key highlights, via Reuters, from the BoE MPC member, and Deputy Governor Financial Stability, Jon Cunliffe’s re-appointment speech.

BoE doesn’t believe need to get rates higher to have ammunition for a future downturn in economy.
When ‘true brexit’ is revealed, path is clearer, you will see exchange rate move.
Not much slack left in UK labour market.

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