BoE external MPC Member Gertjan Vlieghe, speaking about the economic outlook and monetary policy at the Resolution Foundation in London, was noted saying that around 25bps rate hike a year is the reasonable central case if Brexit deal is done. The degree of future monetary tightening will in part depend on how large Sterling appreciates after a Brexit deal and in case of a no-deal Brexit scenario, an easing or extended pause in monetary policy is more likely to be appropriate than tightening, Vlieghe added further. Additional quotes: “¢ There is considerable uncertainty around my forecast for policy rate path. “¢ Signs of an economic slowdown in early 2019 means a lot needs to go right for this forecast to come to pass. “¢ I can probably wait for evidence of growth stabilizing, inflation pressure rising before considering a rate hike. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP advances to session highs around 0.8780 FX Street 4 years BoE external MPC Member Gertjan Vlieghe, speaking about the economic outlook and monetary policy at the Resolution Foundation in London, was noted saying that around 25bps rate hike a year is the reasonable central case if Brexit deal is done. The degree of future monetary tightening will in part depend on how large Sterling appreciates after a Brexit deal and in case of a no-deal Brexit scenario, an easing or extended pause in monetary policy is more likely to be appropriate than tightening, Vlieghe added further. Additional quotes: "¢ There is considerable uncertainty around my forecast for policy… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
