- Bank of England inflation report hearings: BoE comfortable with decision to add stimulus
Market news
7 September 2016
Bank of England inflation report hearings: BoE comfortable with decision to add stimulus
BoE Governor Carney:
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Says he's serene about comments since the Brexit vote
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Great uncertainty followed Brexit
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says he's comfortable with decision to add stimulus
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Stimulus ensures sustainable inflation return
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Without stimulus unemployment would have been higher
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Reiterates that all elements of stimulus can be increased
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Says BOE must be prepared to adjust policy as necessary
*via forexlive
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