Economics

Carney Seen Holding Sway as BOE Dissenters Stray From Pack

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Mark Carney has come through his first public argument on interest rates with enough scope to contain dissent for now.

While policy makers Martin Weale and Ian McCafferty voted for an increase this month, the gulf between their thinking and that of the governor’s seven-strong majority suggests his view will hold sway, according to economists at banks including Goldman Sachs Group Inc. and UniCredit SpA.