Voya’s Reinhard: Brexit Vote Means Bank Of England Is On Hold
Voya Investment Management’s head of asset allocation Barbara Reinhard appeared on Bloomberg Markets where she discussed the market implications of the Brexit negotiations. According to Reinhard, the rejection of Prime Minister Theresa May’s Brexit deal by the British Parliament “would likely mean that you’re going to be extending the deadline for Article 50 to be invoked, that means more uncertainty, more uncertainty means slower growth, slower growth means the Bank of England is probably on hold.”