Haskel, Bank of Engl...from HowlsCa

Haskel, Bank of England Monetary Policy Committee: early restart is not good for the British economy, and consumer demand may continue to weaken; Jonathan Haskel, Bank of England Monetary Policy Commissioner, said, restarting British economic activities prematurely will exacerbate the economic losses caused by the new crown epidemic; Haskel said in a webinar on Thursday, after the anti-epidemic blockade and restrictions were lifted, people's worries about infection have not faded, the economy may "get into trouble", due to health and unemployment concerns, demand may still be weak; The future prospects will mainly depend on the development of good data and effective virus testing.

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Analysts predict: Britain, Europe and America will eventually reach a free trade agreement; The transition period for the UK to withdraw the EU will expire at the end of this year. Britain and the European Union resumed negotiations on Tuesday, but their differences were not bridged. Like the Reuters survey results since the referendum on Brexit in June 2016, analysts almost unanimously expect the final relationship between the two parties to be a free trade agreement. Dixon of Commerzbank said that the failure to sign a trade agreement with the EU in 2020 would be a major policy error. The British government is prepared to take this kind of economic risk, especially under the current situation, which is incredible in my opinion, but the rational approach of Brexit and economic policy has never been a natural partner.

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