Grant’s Interest Rate Observer’s Jim Grant weighed in on the BOE decision and the outlook for Federal Reserve policy.

When asked if he was surprised by the BOE decision, Grant responded, “Nope. Well, Brexit, after all, was not the Lehman moment that some of the great and the good had projected and there was no need for urgency and no urgent action was taken.”

Jim Grant On BOE Decision: Brexit Wasn’t The Lehman Moment Some Projected

Jim Grant
Image source: FBN Video Screenshot