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Carney Says No-Deal Brexit Threat to Markets Requires EU Action

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Carney Says BOE Ready to Act No Matter the Brexit Outcome

Bank of England Governor Mark Carney said it’s time for the European Union to put its money where its mouth is when it comes to averting market turmoil in a no-deal Brexit.

While recent assurances from Brussels that the EU will do what’s necessary to prevent disruptions in financial markets are welcome, Carney said, “we need to move from comments to actual legal certainty.”