» Mark Carney News

Mark Carney

UK economy may need more help as trade war, Brexit risks grow: BoE Governor Mark Carney

UK economy may need more help as trade war, Brexit risks grow: BoE Governor Mark Carney

Wed, Jul 03, 2019

Bank of England Governor Mark Carney said a global trade war and a no-deal Brexit were growing risks to Britain`s economy which might need more help to cope with a downturn, prompting investors to increase their bets on a BoE interest rate cut. 

More >
Support for economic system 'under threat', says BoE's Mark Carney

Support for economic system 'under threat', says BoE's Mark Carney

Tue, Dec 06, 2016

Bank of England (BoE) governor Mark Carney on Monday warned the public was losing faith in the current economic system, urging economists to acknowledge those who have lost out from globalisation.

More >
Bank of England's Governor Mark Carney likely to leave in 2018: Report

Bank of England's Governor Mark Carney likely to leave in 2018: Report

Sun, Oct 30, 2016

Bank of England (BoE) Governor Mark Carney is unlikely to take up the option of a three-year extension to his term at the central bank, and may announce his decision as soon as on Thursday, British newspapers reported at the weekend.

More >
Bank of England cuts rates for first time since 2009, restarts bond purchases

Bank of England cuts rates for first time since 2009, restarts bond purchases

Thu, Aug 04, 2016

"Following the United Kingdom`s vote to leave the European Union, the exchange rate has fallen and the outlook for growth in the short to medium term has weakened markedly," the central bank said in its quarterly Inflation Report.

More >
Sterling skids to fresh 31-year low on Brexit fallout worries

Sterling skids to fresh 31-year low on Brexit fallout worries

Tue, Jul 05, 2016

The pound, the asset that has borne the brunt of market concerns about the economic impact of the vote, slid as much as 1.3% on Tuesday to hit $1.3112, its lowest since September 1985. 

More >
Asian stocks edge down, take cue from Wall Street

Asian stocks edge down, take cue from Wall Street

Thu, May 12, 2016

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2% in early trading, in the wake of the worst day for the US share markets since February, following downbeat quarterly retail reports.

More >