Carney speech: We do not need to keep dry powder for Brexit

Eren Sengezer FXStreet

Bank of England Governor Mark Carney is now responding to questions from the press.

Key quotes (via Reuters)

There is a wide range of Brexit outcomes, but in many of them interest rates will be at least as high as now.
We do not need to keep dry powder for Brexit.

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About Mark Carney

Mark Carney is Governor of the Bank of England and Chairman of the Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulation Authority. His appointment as Governor was approved by Her Majesty the Queen on 26 November 2012. The Governor joined the Bank on 1 July 2013.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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