Carney Says Brexit Implications for Interest Rates Are Ambiguous
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Come March 2019, when the U.K. is due to formally leave the European Union, the Bank of England may have to be ready to move either direction on monetary policy.
How exit negotiations proceed and the extent of any transition -- two big unknowns at this point -- will impact the pound and bonds, supply and demand and, of course, inflation, Governor Mark Carney said in Frankfurt on Tuesday.