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More Carney: Three quarters of the rise in......>

BOE
BOE: More Carney: Three quarters of the rise in growth over the next 3 years is
due to a decrease in uncertainty. The rest is fiscal policy and a global
environment that stops slowing.
- Boris Johnson's deal cannot be accurately compared to Theresa May's deal. The
shift from an average of many types of Brexit deals to an actual deal (Boris'
deal) with a clear transition timeline brings into effect some transition
arrangements - customs, passporting, building over time of divergence of product
standards. Biggest impact is the deal reduces uncertainty relative to no deal.
- If we didn't see the expected reduction in uncertainty or the global economy
didn't stabilise there may be some need to provide some reinforcement.

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