BOE's Carney: Willing to tolerate 'some inflation overshoot' to accommodate economic strength
|Bank of England (BOE) Governor Mark Carney is on the wires now, via Reuters, making a scheduled speech at the Future Forum 2016, in Birmingham.
Key Quotes:
BOE can't deliver long-term prosperity, only help with adjustment
Fruits of UK economic recovery over the years have not been evenly shared
UK would have seen more job losses without August stimulus
Willing to tolerate some inflation overshoot to accommodate economic strength
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