Mark Carney warned U.K. voters it could happen. Now economists say it’s time to get ready.
Almost three quarters of respondents to a Bloomberg survey conducted after Britain voted to leave the European Union say the economy will slip into a recession for the first time since 2009. A majority also predict that the Bank of England will add more stimulus, including cutting interest rates in the third quarter. Carney, the governor of the central bank, will make a televised speech on Thursday at 4 p.m. London time.
