BOE deputy gov Ben Broadbent speaking on BBC Radio 5Live 4 Nov
- uncertainty means pound is likely to be volatile
- BOE, markets will learn more as new UK-EU trading relationships evolve
Nothing we didn't already know. lol
"We have to accept it is an uncertain environment and asset prices including the exchange rate will be volatile and there will be events that move them around"
Broadbent is one of the bookies faves to take over the top job when Carney goes in 2019
With insightful comments like these how can he fail? Excellent "CB stating the obvious" material
Meanwhile GBPUSD 1.2463 still unable to breach the strong 1.2500 area. EURGBP 0.8900