Carney defends BOE against Brexit accusations

London

MARK Carney denied that the Bank of England (BOE) undermined its independence by highlighting the risks of a British decision to quit the European Union in the run-up to the referendum.

"It's extraordinary, in all senses of the word," the BOE governor responded when asked by UK lawmakers on Tuesday whether he helped shape the views of financial stability officials. "That's not the way the committee works. The chair doesn't guide conclusions."