BOE's Carney: Modest tightening of monetary policy over time will likely be sufficient to achieve inflation targets

Author: Adam Button | Category: Central Banks

Carney in London

  • It's in everyone's interest to find a Brexit solution
  • Trade concern is cascading through economies
  • Trade tensions threaten expansion
  • Provided the expansion continues, a modest tightening of monetary policy over time will likely be sufficient to achieve inflation targets
  • Global growth more likely than not to stabilize around new, modest trend
  • China is the one major economy in which all major financial imbalances have worsened
  • Slowing world economy reflects shift from accommodative to tighter financial conditions
There's nothing notable here on rates or signaling a change.
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