BOE's Forbes says there may be increased risk in the run up to EU referendum

Kristin Forbes speaking in London

Nowt on mon pol

• Increase in domestic risk and uncertainty could occur in the run up to the referendum
• If the pound falls on short term risk aversion, the CPI impact will be less than if driven by weaker UK or global supply capacity
• UK cross boarder portfolios should partly mitigate any negative impact of increased domestic risks
• Prolonged heightened uncertainty could push up UK's cost to borrow in sterling