Home BoE Carney: Global economy is headed for a liquidity trap – FT

BoE Carney: Global economy is headed for a liquidity trap – FT

Published date: 7 Jan. 2020 | 22:03

The Bank of England governor, Marck Carney, is quoted by the Finacial Times as saying that the BoE successor still have monetary policy tools, but the global economy is headed for a liquidity trap.

Key notes

The BoE can still cut rates close to zero.

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