Carney’s speech: Brexit uncertainty is hurting UK’s short-term economic performance

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More comments are flowing in from the BOE Chief Carney, this time on the Brexit deadline.

 Cannot have no-deal brexit and benefit from GATT 24, need some form of agreement with eu

Need to have a credible intention to move to free trade agreement with eu to benefit from gatt 24 after Brexit

There has been a “notable increase” in market expectations of no-deal Brexit in recent months

Business uncertainty is as high as it was before March 29 Brexit deadline

Brexit uncertainty is hurting UK’s short-term economic performance

Housing market has been affected by Brexit deadlines

Markets are not saying no-deal is most likely Brexit scenario

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