Ian McCafferty - Bank of England

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Last quote by Ian McCafferty

I'd be very surprised if we could find no deal that was worse than a deal, there is so much of our national life ... that is linked to EU bodies as well as EU law. We could transfer laws back, but we would have to set up quite a number of civil service bodies. And [if we had] to do that in a rush because if it became apparent that no deal was available or both sides had walked out in a huff then we would find quite a lot of disruption to the UK economy which would probably put us into a period of probably a couple of years in which the economy would perform really quite badly.feedback
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Mar 28 2017
This page is completely dedicated to what Ian McCafferty has to say. All of Ian McCafferty’s quotes are organized here by date and topic. The most recent quote attributed to Ian McCafferty came from an article called Bank of England hawk signals no rush to raise interest rates: “The straight answer is I don't know. The economy is strengthening slightly over the course of last year and into the early part of this year, whether it stays as strong as it is, I think, is very much an open question because we are seeing inflation starting to pick up. In terms of where we go from here it's going to depend on the developments, how fast inflation is going to pick up, and to what extent will the economy slow as consumers feel the impact of the rise in inflation.”.
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Quotes by Ian McCafferty

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