• BOE's governor Carney: Global trade war and a no-deal Brexit remain growing possibilities, not certainties

Market news

2 July 2019

BOE's governor Carney: Global trade war and a no-deal Brexit remain growing possibilities, not certainties

  • Global trade tensions increase downside risks
  • If Brexit progresses smoothly, limited and gradual interest rate rises would be needed
  • MPC will explore in August inflation report how to show interest rate, sterling and other asset price sensitivities in event of Brexit deal
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