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Haldane comments on negative rates in line with MNI Insight

BOE

Note that the headlines about BOE's Andy Haldane saying that negative rates aren't imminent and the work on negative rates is "to take several" months are in line with an MNI Insight story from our Policy team that was published yesterday.

  • The story said that "The Bank of England has yet to even draw up questions for its Q4 consultation with stakeholders about the feasibility of negative interest rates, and apparently divergent comments from Monetary Policy Committee members were all in line with the current BOE approach, MNI understands."

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