Carney press conference after BoE remains on hold

Carney press conference after BoE remains on hold

Mark Carney 

Recent Brexit deal creates a possibility of a pick up in UK growth

World risks slipping into low growth, low inflation but many of these dynamics occurred first in the UK 

Both reduced Brexit uncertainty and a stronger world economy assumed in BoE forecasts, but neither is assured

Now the evidence that households are doing precautionary saving before Brexit

Brexit uncertainties are weighing particularly heavily on business investment

Reduced chance of a no-deal Brexit has pushed up sterling

The Brexit agreement reduces the risk of no-deal significantly

07 Nov 19 (Thu)

12:36 pm



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