BoE's Broadbent: Not confident about saying what direction interest rates would go after no-deal Brexit

Additional comments from Bank of England (BOE) Deputy Governor Ben Broadbent continue to cross the wires now with key quotes, via Reuters, found below.

  • I think markets understand BoE very well, doesn't mean they agree with everything in forecast.
  • I am not very exercised about whether market path of interest rates is same as BoE expects.
  • Negatives of giving interest rate forecasts are not sufficiently recognised.
  • I don't feel confident about saying what direction interest rates would need to go after no-deal Brexit.

USD/TRY looks sidelined around 5.80, focused on CBRT event

The Turkish Lira is now losing some momentum and continues to fade part of yesterday’s gains, taking USD/TRY to the 5.80 region. USD/TRY cautious ahea
Devamını oku Previous

NZ: Q1 GDP may be better than expected – Standard Chartered

Jonathan Koh, economist at Standard Chartered, expects the New Zealand economy to have expanded 0.8% q/q (2.6% y/y) in Q1, a faster pace of growth tha
Devamını oku Next