Latest UK data not "objectively strong", says BoE's Broadbent

Latest UK data not objectively strong , says BoE's Broadbent
 

Britain's latest economic data is not "objectively strong", even if growth has slowed less than forecast, Bank of England deputy governor Ben Broadbent said in an interview on Wednesday.
Earlier on Wednesday Broadbent said in a speech that it was important not to over-interpret recent more upbeat economic data, and that Britain's vote to leave the European Union was likely to weigh on investment over the medium term.
"We know there is an effect coming, we know the world looks potentially very different. We're pretty confident that the effect of that uncertainty will weigh on... read more

 
5 October 2016 in Business, Views: 45
Source: Reuters
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