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- Bank of England Governor Mark Carney: the outcome of Britain's referendum is treated like any other political event by the BoE
Bank of England Governor Mark Carney: the outcome of Britain's referendum is treated like any other political event by the BoE
The Bank of England (BoE) Governor Mark Carney said on Tuesday that the outcome of Britain's referendum was treated like "any other political event which is not to make a judgement on the outcome and assume status quo continues" by the BoE. He added that the central bank wasn't making any judgment on the outcome of the referendum.
Carney noted that a weak pound could help to boost inflation in the U.K., noting that he believed that the recent drop in the pound was caused by the upcoming referendum.
The BoE governor pointed out that the central bank could add further stimulus measures if needed to stimulate the economy.
"We could cut interest rates towards zero. We could engage in additional asset purchases, including a variety of assets. We could also provide a perspective where we could adjust our policy horizon," he said.
Carney noted that he was against negative interest rates.
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