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Jul 12, 2019

Brexit and BoE Update: Brace For Political Turmoil In Coming Months

Brunello Rosa

Nouriel Roubini

MACRO PICTURE: UK

By Brunello Rosa and Nouriel Roubini

12 July 2019

In this paper we discuss:

  1. the latest macroeconomic developments in the UK;
  2. the political battle for the Tory leadership – and UK premiership;
  3. the implications for the Brexit negotiations with the EU;
  4. the likelihood of a new referendum, snap elections and hard brexit;
  5. the implications for the Bank of England’s policy stance; and
  6. the implications for UK equity, bonds and currency.

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