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Earlier, some Bank of England officials said that if Britain's exit from Europe was further postponed beyond the October 31 deadline, the Bank of England might cut interest rates. However, Dave Ramsden, deputy governor of the Bank of England, said in an interview with the Telegraph on October 13 that he disagreed. The Federal Bank of Australia predicts that if Johnson sought to delay his exit from Europe to the European Union until January 31, 2020, the pound would fall to 1.2200 against the dollar (more than 300 points from its current level).
Vice President of the Bank of England: Do not agree to postpone the exit from Europe again, the Bank of England's view on interest rate cuts
Several Bank of England officials, including Governor Carney, said they were likely to take interest rate cuts if Britain withdrew from the EU without a transitional agreement. The Bank of England's next interest rate resolution is scheduled for November 7.
Ramsden said in an interview that the UK economy was undermined by the uncertainty of exit from Europe, mainly the steady decline in corporate investment, which could inhibit the ability of the central bank to cut interest rates and boost the economy.
The Bank of England recently put forward the idea that if the deadline for EU withdrawal is postponed again, the Bank of England will face "deep-seated uncertainty". "I don't think there's much reason to take a more relaxed monetary stance," Ramsden said.


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