Carney speech: Businesses are only as ready as they can be for no-deal Brexit
|Bank of England Governor Mark Carney is delivering his remarks on the monetary policy outlook in a press conference with key quotes, via Reuters, found below.
"Global tensions have eased since February. Trade tensions have eased somewhat as well."
"In contrast to global situation, domestic tensions remain."
"Shift from consumption to investment and exports has not materialised. Businesses are only as ready as they can be for no-deal Brexit, expect a marked decline in growth after a hard Brexit."
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