BoE’s Carney: Direction of monetary policy is not clear in event of hard Brexit

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Mark Carney, Governor of the Bank of England, is now delivering additional comments with key quotes found below.

  • Direction of monetary policy is not clear in event of hard Brexit.
  • In the short term, there will be a hit to incomes from a hard Brexit.
  • UK is a leading indicator for the world economy.
  • Concern if EU and UK can’t find agreement.

Source: Reuters.

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