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Now is not the time to raise rates, says BOE chief

Carney warns that already weak wage growth risks a further loss of momentum as Britain prepares to leave EU
Wednesday, June 21, 2017 - 05:50

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Mr Carney said that whether Britain's large current account deficit was sustainable remained an open question.

London

NOW is not the time to raise interest rates, Bank of England (BOE) governor Mark Carney said on Tuesday, warning that already weak wage growth risked a further loss of momentum as Britain prepares to leave the European Union (EU).

In a speech to London's banking community a

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