BOE’s Cunliff says they are not able to predict the impact of Brexit

A week after Brexit fears pushed GBP/USD to a 7-year low, BOE’s Cunliffe was on the wires stating the bank is having a tough time predicting the impact of Brexit.

Key Quotes

Some housing risks are becoming more prominent

Housing market is 'coming back again'

Says question is how buy-to-let landlords behave if they can't cope with interest rate changes, falling house prices