BoE Gov, Mark Carney, finally admits 'Brexit could be smooth after all.'
http://news.sky.com/story/carney-eye...rates-10776321
Quote:
Bank of England governor Mark Carney has acknowledged that the UK's divorce from the EU may yet proceed smoothly - and that it would mean a higher path for interest rates.
Mr Carney said there was also a "less optimistic" scenario for the economy, which would dampen the path for rates.
But his comments to the Commons Treasury Select Committee about a possible positive outcome to Brexit stand in stark contrast to the dire warnings he issued before the referendum that the UK could slip into recession.
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Finally a believer that there is light at the end of the tunnel, none of this doom and gloom crap.