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Just a quick reminder that the earlier..........>

BOE
BOE: Just a quick reminder that the earlier flagged weekend comments from BoE's
Haldane came after comments from BoE Deputy Governor Broadbent, who noted the
following on Tuesday: "we keep under review all our potential policy tools and
this is a question that's been thought about on and off since the financial
crisis and it's a balanced judgment." It is "quite possible that more monetary
easing will be needed over time." Although Broadbent was also cognisant of the
problems that negative interest rates could pose for banks.
- Elsewhere, Governor Bailey recently noted that the Bank was not "currently
planning for or contemplating" cutting rates below zero. However, he did note
that "it's always wise, and particularly in these circumstances, not to rule
anything out forever."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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