BOE Birdwatching Shows No Brexit Divide on Rates for Now
(Bloomberg) --
Brexit has clearly divided the electorate and political parties, but the current uncertainty appears to be keeping policy makers united. Bloomberg Economics' Bank of England Spectrometer suggests the Monetary Policy Committee will continue to vote 9-0 in favor of keeping interest rates on hold at 0.75% on Thursday. Hawkish members Michael Saunders and Andy Haldane have suggested that there's no immediate rush to move rates in either direction.
©2019 Bloomberg L.P.
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