More BOE Cunliffe: Personally, he would not want negative rates in the UK

Author: Greg Michalowski | Category: Central Banks

BOE Cunliffe in London

  • When told by audience member that people did not believe BOE would ever raise rates after a no deal Brexit, says people expectations aren't always right
  • asked about negative Bank of England rates, said that they were be a very big shift to world as people know it
  • says that the Bank of England has other tools that would be more effective than negative rates

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