BOE's Cunliffe: Sees upside and downside risks to the outlook

Author: Ryan Littlestone | Category: Central Banks

BOE's John Cunliffe speaking in Brum (Birmingham)

  • Business investment is expected to remain very weak before picking up
  • Outlook for business investment will depend on how households and business react to Brexit
  • BOE will look closely at evidence on pay, labour market slack, consumption and inflation expectations

Pretty much fence sitting comments.

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