BoE policymaker Silvana Tenreyro “if uncertainty over the future trading arrangement or subdued global growth continue to weigh on demand, then my inclination is towards voting for a cut in Bank Rate in the near term.”
She added that “a key input in the decision is how uncertainty unwinds going forward, and how that impacts on demand. We will be watching very closely how firms and households respond to Brexit developments.”
“We are talking about the coming months, or I am talking about the coming months, on the possibility of further stimulus”, she said.
