Carney: No-deal Brexit would be very unusual situation
|During the November Inflation Report parliamentary hearing, the Bank of England Governor Mark Carney was asked if he would vote to hike or cut rates after a no deal Brexit.
- BOE's Carney said it depends.
- BOE's Carney said no-deal Brexit would be a very unusual situation.
- BOE's Carney said would have to go back to the 70s to find a comparable situation.
- BOE's Carney said starting position of UK economy is very different to how it was at the time of the Brexit referendum.
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