Carney – Could cut rates if necessary

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - Bank of England’s (BOE) Carney, while testifying to lawmakers, said the bank could if necessary go below bank rate of 0.5 pct.

    Carney added that question of negative rates has not arisen yet. Earlier, Carney declined to comment when asked whether Sterling is overvalued.
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