No-deal Brexit might mean near-zero rates - BoE's Vlieghe
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LONDON (Reuters) - The Bank of England might need to cut interest rates almost all the way down to zero in the event of a no-deal Brexit and it is not clear how long it would take for them to rise again, senior BoE official Gertjan Vlieghe said.Vlieghe's comments, in a speech at Thomson Reuters in London, went further than those of other BoE policymakers who have said rates would probably need to be cut after a no-deal Brexit shock to the economy, but have not been explicit about the size of..