BOE’s Saunders: A no-deal Brexit would push the Pound lower, Cable hits session lows

The Bank of England (BOE) Monetary Policy Committee (MPC) member Saunders is on the wires now, via Reuters, noting that the central bank isn't bound by forecasts calling for rate hikes.

Further Comments:

UK economy is weak and clearly not overheating.

BOE can't stop a no-deal Brexit from being 'painful'.

A no-deal Brexit would push the Pound lower.