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'Brexit' suspense clouds Carney's decision on when to raise UK interest rate

Published Thu, Jan 7, 2016 · 09:50 PM

London

FOR a man who likes to guide investors, Mark Carney might be struggling to offer much more than suspense.

The Bank of England governor was meant to start 2016, at the midpoint of his term, poised to raise interest rates, or at least have a clearer view of when they might increase. Thanks to Britain's planned - but still unscheduled - vote on its membership of the European Union, the outlook for the economy and tightening has clouded. Even whether Mr Carney is halfway through his time at the BOE is now an open question.

With officials beginning discussions on Thursday for next week's decision, lo…

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