Mark Carney warns that world’s central banks are running low on options to stimulate economiesMark Carney has dropped a hint that interest rates could be cut soon to boost the British economy, while warning that the Bank of England is running low on ways to combat recessions.In one of his final speeches before he departs Threadneedle Street in March, Carney said the economy had been sluggish in recent months and that inflation was below the Bank’s 2% target set by the government. Continue reading…
Via: Bank of England governor hints at imminent interest rate cut
Categories: English News