BOE MPC - Interest Rates remain at 0.5%

worldtraveller

Really?!

...But minutes of the MPC's latest meeting indicated that the impact of the coming EU referendum meant it would have to be more careful about reacting to economic data in coming months.

The minutes said there were signs that uncertainty over the referendum was leading to company spending decisions and commercial property transactions being postponed pending the outcome of the vote, which could lead to weaker growth in the first half of 2016.

They added: "Referendum effects are likely to make macroeconomic and financial market indicators harder to interpret over the next few months, and the Committee is likely to react more cautiously to data news over this period than would normally be the case."


Sky News

CLAPTON

worldtraveller wrote: »

Really?!

...But minutes of the MPC's latest meeting indicated that the impact of the coming EU referendum meant it would have to be more careful about reacting to economic data in coming months.

The minutes said there were signs that uncertainty over the referendum was leading to company spending decisions and commercial property transactions being postponed pending the outcome of the vote, which could lead to weaker growth in the first half of 2016.

They added: "Referendum effects are likely to make macroeconomic and financial market indicators harder to interpret over the next few months, and the Committee is likely to react more cautiously to data news over this period than would normally be the case."


Sky News

The piper wants to hear that brexit will cause uncertainty : he will not be disappointed

mayonnaise

The possibility of Brexit is already delaying investment and hiring.
http://www.theguardian.com/politics/2016/apr/04/uk-finance-chiefs-brexit-tops-risk-list

With opinion polls tight, a survey of chief financial officers (CFOs) indicates they are holding off hiring new staff and reluctant to spend on new equipment before the public vote.

And that's just the thought of a brexit.
Imagine the impact of a real one.
I'm glad I'm nearing retirement.

CLAPTON

mayonnaise wrote: »

The possibility of Brexit is already delaying investment and hiring.
http://www.theguardian.com/politics/2016/apr/04/uk-finance-chiefs-brexit-tops-risk-list

And that's just the thought of a brexit.
Imagine the impact of a real one.
I'm glad I'm nearing retirement.

uncertainty rocks the market : once we exit, the uncertainty is over

DiggerUK

CLAPTON wrote: »

uncertainty rocks the market : once we exit, the uncertainty is over

Brexit or Bremain, end result will be zero difference for UK.
Global, not local dynamics rule our fortunes_

CLAPTON

DiggerUK wrote: »

Brexit or Bremain, end result will be zero difference for UK.
Global, not local dynamics rule our fortunes_

No............................