Right to use monetary policy to support economy through Brexit - Hammond

It is right to use monetary policy to support the economy as Britain leaves the European Union, Chancellor Philip Hammond said on Thursday after the Bank of England cut interest rates for the first time since 2009. "The vote to leave the EU has created a period of uncertainty, which will be followed by a period of adjustment as the shape of our new relationship with the EU becomes clear ... It's right that monetary policy is used to support the economy through this period of adjustment," Hammond