BARCLAYS: Here's what 6 central banks will do if Britain votes to leave the EU
Scott Barbour/Getty Images
The polls up until Thursday have shown that the balance has swung from the Remain vote to Leave, and then back again.
All this means it's really too close to call.
Leading up to the vote, more attention has been given to apocalyptic market scenarios in the event of a Brexit than to what would happen if the UK votes to stay in the EU.
Some of the forecasts have been grim. HSBC estimated this week that if Britain votes to leave the EU, the pound could fall by 15% against the dollar and gross-domestic-product growth could be 1 to 1.5 percentage points lower in 2017 than it would have been otherwise.
It's likely central banks around the world would be forced to intervene and calm the markets. Here's how analysts at Barclays sees the major ones acting:
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Why are so many elite coaches moving to Western countries?
- Global GDP to face a 19% decline by 2050 due to climate change, study projects
- 5 things to keep in mind before taking a personal loan
- Markets face heavy fluctuations; settle lower taking downtrend to 4th day
- Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’