Tuesday, January 9, 2018

The Bank of England, Carney: monetary policy can not prevent a fall in real incomes

The Bank of England, Carney: monetary policy can not prevent a fall in real incomes

• Forecasts of the MPC still involve fairly "smooth" Brekzit
• Monetary policy can not prevent a fall in real incomes, which may be accompanied by Brekzit
• Uncertainty due to the impact on the economy Brekzitom
• Weak consumer spending is a negative impact on economic growth
• certain policy tightening is required in the next 3 years

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