BOE's Broadbent: Can't say which way rates will go if no-deal Brexit happens
Comments by BOE MPC member, Ben Broadbent
- Thinks that markets understand the BOE very well
- But that doesn't mean market participants agree with everything in BOE forecast
That's the key takeaway message from all the comments we've been hearing from BOE members today in parliament. The pound continues to hold steady after rising earlier on the back of solid labour market data, with cable sitting at 1.2720 currently.