24 Jan 2019
BOE’s Haldane: Expect some further limited and gradual rises, if economy continues to tick along
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.