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

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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Download PDF: R&R Brexit and BoE Update – July 2019