Financial markets should not write off uncertainty, says BoE’s Forbes

Forbes warns effects of Brexit uncertainty could still materialise
Bank of England

A deputy governor from the Bank of England has warned the effects of heightened uncertainty following the UK's vote to leave the European Union might still be felt by financial markets.

Though uncertainty so far appears to have had less of an impact on the economy than expected, Kristin Forbes warned UK uncertainty measures could "quickly shift" – up or down – as more details on the future arrangement between the UK and the EU are decided.

"Some of the effects of heightened uncertainty only

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