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Following the Bank of England’s decision to keep its policy rate unchanged at 0.75%, Governor Mark Carney is delivering his remarks on the monetary policy outlook in a press conference.

Key quotes

“Very early days to judge economic impact of coronavirus.”

“We will be looking at economic impact of coronavirus very closely.”

“Coronavirus is a fast-moving issue.”

“I do not have any regrets over UK monetary policy in my tenure.”

About Mark Carney 

Mark Carney is Governor of the Bank of England and Chairman of the Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulation Authority. His appointment as Governor was approved by Her Majesty the Queen on 26 November 2012. The Governor joined the Bank on 1 July 2013.