Bank of England (BoE) Governor Mark Carney crossed the wires in the last minutes noting that the business investment is tracking 25% less since Brexit referendum. Carney further reiterated that the BoE has the tools to deal with an economic slowdown. “We don’t see big imbalances in economies that would normally precipitate a slowdown,” Carney argued. “Economies have fiscal space to deal with recession but it is not unlimited. We are getting closer to a global liquidity trap.” The British pound largely ignored Carney’s remarks and the GBP/USD pair was last up 0.13% on the day at 1.2361. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK: Strong labour market data – TD Securities FX Street 4 years Bank of England (BoE) Governor Mark Carney crossed the wires in the last minutes noting that the business investment is tracking 25% less since Brexit referendum. Carney further reiterated that the BoE has the tools to deal with an economic slowdown. "We don't see big imbalances in economies that would normally precipitate a slowdown," Carney argued. "Economies have fiscal space to deal with recession but it is not unlimited. We are getting closer to a global liquidity trap." The British pound largely ignored Carney's remarks and the GBP/USD pair was last up 0.13% on the day at 1.2361. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
