• Bank of England Governor, Carney: we have a clear plan

Market news

5 July 2016

Bank of England Governor, Carney: we have a clear plan

- We will take any measures necessary to maintain stability

- The fall of the pound was a necessary correction for the economy

- As before, there was a significant slowdown in the economy, despite the decline of the pound

- The UK banks have more capital than needed

- UK banks can be "part of the solution rather than part of the problem"

- It is important to make informed decisions on monetary policy

- World markets felt the lack of risk appetite

- At our disposal are a variety of tools that we can use for further easing if necessary

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