Markets
Economics

Carney Says U.K. Rate Hike Looms in Brexit-Hobbled Economy

  • BOE talk turns from pound to longer-term inflationary pressure
  • Sterling fell as Carney opted not to toughen hawkish language

Aviva's Munro Says Carney Trying to Manage Currency

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Brexit, which prompted Mark Carney to cut U.K. interest rates for the first time in seven years in 2016, is now pushing in the other direction.

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