Comments by BOE MPC member, Silvana Tenreyro
- Will need small amount of tightening over next 3 years after smooth Brexit
- Sterling to likely appreciate after a smooth Brexit, would limit inflation pressure
- Disorderly Brexit more likely to require loosening of monetary policy
Pretty much a reiteration of what we've heard from the inflation report hearing two weeks ago. The BOE isn't going to commit to anything until there is more clarity on the Brexit situation, so all the talk here is very much conjecture at this point.
