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COMMENTARY

Carney's questionable commitment to rate cuts

Tuesday, July 5, 2016 - 05:50

WHEN the theatre is burning, it is generally a bad idea for the head of the fire department not only to shout "Fire!", but also to say that he intends to fan the flames when the fire gets worse.

Yet, that is precisely what Mark Carney, the governor of the Bank of England, appears to have