As Bank of England Mulls Rate Cuts, More Pound Punishment Likely

Looking ahead, this Brexit vote could trigger another Scotland referendum on breaking away from the United Kingdom. A 2014 referendum on Scottish independence resulted in the country remaining with the U.K., but the results were largely contingent on E.U. membership.

Related: ETFs to Watch as Brexit Uncertainty Mounts

“The BOE’s monetary policy committee meets next in July. Carney said the central bank would release a report assessing the initial impact of economic damage at that meeting and a fuller report at the August meeting,” reports Amey Stone for Barron’s.

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