LONDON, Dec 4 (Reuters) – Bank of England Governor Mark Carney and other top officials from the central bank were speaking about a BoE report on the potential economic impact of Brexit in Britain’s parliament on Tuesday.
Below is a selection of their comments to the Treasury Committee.
DEPUTY GOVERNOR BEN BROADBENT ON BREXIT MOVING STERLING
“The fall (in sterling) since the referendum represents the market’s view on a range of possible outcomes. And essentially the larger the effect on UK trade, the UK exit, the further the sterling is likely to fall, for various reasons. So at the moment what is ‘priced in’ to the level of the exchange rate is a number of possible outcomes.
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