BoE's Saunders on April GDP data: BoE has repeatedly said economic data likely to be volatile

Additional comments continue to cross the wires from Bank of England rate-setter Michael Saunders as he responds to questions after delivering his prepared speech earlier in the hour.

  • Smooth Brexit still likely to leave UK's economic prospects worse than staying in EU.
  • When setting rates, should not just look at Brexit uncertainty but whether growth above or below potential.
  • Asked about April GDP data, says BoE has repeatedly said economic data likely to be volatile.

BoE's Saunders: Neutral interest rate is around 2% for UK

Additional comments continue to cross the wires from Bank of England rate-setter Michael Saunders as he responds to questions after delivering his pre
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