Carney’s speech: Material risks of economic disruption remain from no-deal Brexit

Dhwani Mehta FXStreet

The Bank of England (BOE) Mark Carney is on the wires now, via Reuters, making a scheduled speech at a press conference following the release of the central bank’s Financial Stability Report (FSR).

Key Quotes:

Material risks of economic disruption remain from no-deal Brexit.

UK financial system is ready for Brexit, whatever form it takes.

FPC is prepared to cut counter-cyclical capital buffer in case of major shock.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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