Carney Defends BOE's Actions on Brexit, Disagrees With Haldane
- Lawmakers question BOE policy makers at hearing in London
- Governor says EU exit process could still amplify threats
Mark Carney, governor of the Bank of England.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Mark Carney kicked off the year with a renewed defense of the Bank of England’s actions to mitigate Brexit threats and said the risks have diminished since the June referendum.
The governor’s vigorous argument came less than a week after a mea culpa from the BOE’s chief economist, who said that forecasters are facing a crisis after the U.K. proved unexpectedly resilient in the wake of vote to leave the European Union.