Bank of England's Carney denies overstepping mark with Brexit warning

Bank of England's Carney denies overstepping mark with Brexit warning

15 May 2016, 18:24
Francis Dogbe
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Bank of England Governor Mark Carney denied on Sunday that he had compromised the central bank's independence by warning of the short-run costs of leaving the European Union, after criticism from "Out" campaigners. Last week the BoE said Britain risked slower growth, higher inflation and even recession if voters backed leaving the EU in a referendum on June 23, prompting criticism that the BoE was biased and itself destabilising markets. Carney, in a BBC television interview on Sunday, said he had "absolutely not" overstepped the mark and that he would be failing the public if he did not ... READ MORE
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