- Analytics
- News and Tools
- Market News
- BoE's MPC member Cunliffe reiterates rates can move in either direction after no-deal Brexit
BoE's MPC member Cunliffe reiterates rates can move in either direction after no-deal Brexit
- Low level of interest rates a structural trend
- Monetary policy is not powerless, but expect more tools will be needed to stimulate demand in a downturn
- It is too early to say that we need more coordination between monetary and fiscal policy
- Need to approach any fundamental reengineering of relationship between BoE and treasury very cautiously
- Lower market interest rates probably reflect over pessimism about long term growth
- Expects increase pressure on banks to hunt for yield, take more risk
- As not yet seen banks take significantly more risk, regulation and memory of crisis may be restraining this, but this could be changing
- Tension U.S. reported last month were surprised
- Repo tension may tell us something about fragility of sentiment
- Brexit uncertainty generally weighing on investment
- Global economy is weaker, trade disruption hurting investment globally
- Economic outlook weaker than expected a year ago, reiterates rates can move in either direction after no-deal Brexit
- 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 BoE rates, said that they were be a very big shift to world as people know it
- Says that the BoE has other tools that would be more effective than negative rates
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
