BOE Monetary Policy Committee member Michael Saunders said interest rates would rise at a faster pace if the Brexit went smoothly. His most prominent comments were as follows:
- The UK economy is moving to increase demand in the next year or two if the UK leave EU smoothly.
- We may need to return to neutral interest rates sooner than the yield curve in case UK leaves the EU
- The effects of monetary policy on the various results of the Brexit can go in any direction
