BOE’s Haldane: Monetary policy can only offer "a short term balm" for UK economy

In an interview with the Times on Sunday, Bank of England (BOE) chief economist Andy Haldane commented on the monetary policy and its impact on the UK economy.

Key Quotes:

Brexit vote represents a structural shift in UK's economic and trading regime

Brexit result has thrown up a "dust cloud" of economic uncertainty

MPC not under any illusions it can fully insulate against long-term effects of vote to leave EU

Monetary policy can only offer "a short term balm" for UK economy