BoE seen facing tough task in event of Brexit

Bank of England governor Mark Carney
Mark Carney: still battling criticism over Brexit comments

If the UK votes to leave the European Union on June 23, the Bank of England will likely find itself faced with severe financial market volatility and a difficult balancing act for monetary policy, observers say.

As expected, the monetary policy committee voted unanimously to leave policy on hold today (June 16), with exactly a week before polls open. The MPC noted markets have become more sensitive to the potential outcome.

Perhaps the biggest impact of a vote to leave will be sterling

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.