BOE’s Broadbent: MPC reluctant to go 'south of' zero lower bound - RTRS

Additional comments flowing in from Bank of England (BOE) deputy governor Ben Broadbent, as he continues to speak on the Bank’s monetary policy outlook.

Key Headlines via Reuters:

I haven't made up my mind about policy action in November

Unwise or risky to commit to a specific policy path unconditionally

See no reason to change outlook for medium-term investment

Not true that BOE moved in August before having enough evidence

Difficulty of weighing near-term data with long-term outlook will last for a while

Near term question for November is whether economy looks like how we projected in August

Monetary Policy Committee reluctant to go 'south of' zero lower bound

BOE is minded to ease policy further, there are still asset purchases

If sterling really starts to fall uncontrollably, could have consequences for monetary policy

If sterling had fallen more sharply after referendum, could have affected policy decision

Not seeing any evidence of disorderly markets