Don't rush to interpret Brexit vote hit - Bank of England's Broadbent

Don't rush to interpret Brexit vote hit - Bank of England's Broadbent
 

Bank of England Deputy Governor Ben Broadbent said Britain's economy has performed "somewhat more strongly" after June's Brexit vote than the BoE had expected, but it was too soon to say what that meant, if anything, for the longer term.
"There's little doubt that the economy has performed better than surveys suggested immediately after the referendum and, although we aimed off those significantly, somewhat more strongly than our near-term forecasts as well," Broadbent said in a speech at the Wall Street Journal's offices in London.
The reasons for the moderate impact of... read more

 
5 October 2016 in Business, Views: 32
Source: Reuters
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