BoE urged to place more emphasis on uncertainty re Brexit and trade wars

UK National Institute of Economic and Social Research says the Bank of England should be more uncertain on policy

  • "They should emphasize the fact that policy rates going forward could go in either direction and they can move aggressively … In three months' time, because of the Brexit negotiations or because of the trade wars or for some other reason, it might look like the August rate increase was a mistake."

Makes sense I reckon. Bloomberg have more here Bank of England Urged to Be More Open About Brexit

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