Carney Says Pound’s Drop to 31-Year Low Aids Post-Brexit Economy

  • Depreciation will help current account, economic adjustment
  • BOE speaks to lawmakers in Parliament on financial stability

Brexit’s Downward Pressure on the Pound

Mark Carney signaled he’s comfortable with the pound’s drop to a 31-year low, telling U.K. lawmakers the slide may aid an economy grappling with the impact of its decision to quit the European Union.

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