Carney says it's better that UK stays in EU
But he insists he and the BOE are neutral in the coming Brexit referendum and do not intend to influence voters
London
BANK of England (BOE) governor Mark Carney has indicated that the UK financial sector and economy would perform better if the nation remained in the European Union (EU).
In a fractious encounter with members of parliament while he answered questions at a parliamentary hearing, Mr Carney claimed that he and the BOE were neutral in the coming in or out of the EU referendum and did not intend to influence voters.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’
US jobs growth slows in April; jobless rate up to 3.9%
Magnitude 6.0 quake strikes Philippines, aftershocks and damage expected