23 Nov 2016
BOE’s Forbes: Brexit uncertainty causing less of drag on growth than traditional thinking
Bank of England (BOE) policymaker Kristin Forbes crossed the wires last minutes, via Reuters, making a scheduled speech at the JP Morgan Cazenove "Best of British" Conference, in London.
Key Headlines:
UK uncertainty measures could quickly shift – Up or Down
Despite heightened discussion about uncertainty, UK economic performance has been solid
Brexit uncertainty causing less of drag on growth than traditional thinking would imply
Brexit has not led to sharply tighter credit conditions