Carney deflects criticism of Brexit response

Bank of England governor Mark Carney
Mark Carney

Mark Carney, the governor of the Bank of England (BoE), came to the defence of its wide-ranging monetary response to the UK's vote to leave the European Union, fielding questions from UK members of parliament, including prominent Brexit supporters today (September 7).

Carney told MPs he was "absolutely serene" about the warnings he had issued before the vote and the way economic data has subsequently panned out. Despite a drop in confidence after the surprise result of the June 23 referendum,

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