In an interview with the Daily Mail, the Bank of England (BOE) Chief Economist Andy Haldane spoke about the Brexit deal and the central bank’s rate hike plans.
Haldane noted: “If the economy continues to tick along, as we expect, then we might expect some further limited and gradual rises.”
But the Bank will respond flexibly to any downturn.
A brexit deal would reduce uncertainty, lead to more business investment.