BoE Chief Economist Andy Haldane said in a newspaper interview that “if the economy continues to tick along, as we expect, then we might expect some further limited and gradual rises”.
In particular, if some Brexit deal is done, “that would reduce uncertainty and, we think, cause people to take their finger of the pause button and do a bit more investment spending”.
And if the economy begins to “change direction, “we will be flexible in the face of that.”
