Brexit ‘surprises’ could delay rate hikes, IMF says


The Bank of England’s monetary policy plans could be disrupted should “negative surprises” emerge from the Brexit negotiations, the International Monetary Fund has warned.

In their latest health check of the UK economy, IMF staff say if Brexit negotiations “depress domestic demand and affect firms’ willingness to raise wage growth”, planned interest rate hikes could be delayed.

“Monetary policy could be made more expansionary if needed,” staff say. “Transparent and timely communication will

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: