Sunday June 7, 2020

BOE may have to loosen policy after Brexit vote, governor warns

Mark Carney says there is only so much he can do to protect economy

30th June, 2016
BOE boss Mark Carney

Mark Carney said the Bank of England will probably have to loosen policy within months to deal with the fallout of the Brexit vote - and warned that there’s only so much he can do to protect the economy.

In his second televised address since Britain voted to leave the European Union, Carney said the central bank won’t hesitate to act when it comes to safeguarding the economy or the resilience of the...

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