"Bank Of England Expects Soft Brexit And Does Not Allow Another Scenario!" This was stated by Mark Carney, Governor of the Central Bank, during his statement earlier today. Here are the highlights of the speech and the questions during the conference:
- BOE expects a smooth transition of the British economy after Brexit and does not intend to change the scenario it expects.
- The members of the central bank will necessarily review the Brexit contract.
- According to BOE, the smooth exit of the EU will support the British economy
- Bank members are working hard on an accelerated Brexit scenario
"We will soon discover and declare what the consequences of No-Deal Brexit will be!
- Brexit's insecurity will negatively affect Q4 in 2018.
"Slight growth for GBP after positive BOE expectations"
Photo: Bloomberg Live Stream Video
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