Carney Signals Rate Cuts as Brexit Chaos Engulfs Political Class

Updated on
  • Governor says uncertainty could remain elevated for some time
  • Next BOE monetary-policy announcement is due on July 14

BOE's Carney: Question Is How Quickly, Well U.K. Adjusts

Mark Carney signaled the Bank of England could cut interest rates within months as the central bank tries to shield an economy rattled by the shock of Brexit and the chaos engulfing Britain’s political classes. 

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