BOE’s Carney sees low rate environment for ‘Some Time’

By FXStreet FXStreet (Mumbai) – The Bank of England’s (BOE) Mark Carney in his testimony to UK lawmakers’ committee, said the low interest rate environment is here to stay for “some time”.

Key Quotes

Growth reinforced by macroprudential measures

Could use monetary policy to address macroprudential risks

Pressure on central bank independence has increased in recent years
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Source:: FX Street