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The Bank of England Governor Mark Carney said today that he Brexit without agreement 31 October would result in an "instant shock"neo"to the economy of the United Kingdom.
"Without agreement, the shock on the economy is instantaneous."neosaid Carney today, interviewed by radio BBC Radio 4.
The monetary policy official explained that "the economic consequences of an unplanned exit are that the rules of the game for exporting or importing from Europe will completely change and some very large industries in this very profitable country do not will no longer be profitable. "
Statements are made one day after the publication of the growth forecasts for 2019 and 2020, which were revised downwards to 1.3% from the previous forecasts of 1.5% and 1.6%. respectively.
The quarterly inflation report attributed this decision to the uncertainties of Brexit and the slowdown in the global economy.
"These factors continue to weigh on growth in the short term and stronger than expected in can"said unanimously the members of the central bank's monetary policy committee who decided to leave the main interest rate of the institution at 0.75% .For 2021, a growth 2.3% is expected.
The Bank of England believes that one Brexit without agreement will lead to a devaluation of the pound, an increase in inflation and a slowdown in the economy. britatsingle.
The exit britatsingle of the European Union (& # 39;Brexit& # 39;) is planned for the 31st October and the prime minister britPanic, Boris Johnson, reiterated that the UK would leave on that date, with or without agreement.
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