BOE's Carney: Brexit remains the biggest source of uncertainty
|The BOE Governor Mark Carney, while testify on inflation and the economic outlook before Parliament's Treasury Committee, said that I do not give guidance on a specific interest rate path, except in exceptional circumstances
• We are not in exceptional circumstances now
• Trade-off between growth and inflation has diminished
• Horizon to bring inflation back to target has moved in from 3 years but not yet 2 years in MPC's collective view
• Biggest influence on, and source of uncertainty about, the economic outlook remains Brexit
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