BRITAIN: BOE: #Carney says on Tuesday that last months #Brexit hit the economy and hints again at more stimulus though FTSE index on Monday may disagree with that statement – @AceFinanceNews

#AceFinanceNews – July.12: Bank of England’s Carney hints again at more stimulus after Brexit

Bank of England Governor Mark Carney said on Tuesday that a hit to Britain’s economy from last month’s decision by voters to leave the European Union could prompt the Bank to act, hinting again that more stimulus is on the way….

Bank of England governor Mark Carney says low bond yields represent market hedging, not growth prospects – Reuters

U.K. Stocks Offer Safest Returns in Europe After Brexit: Chart

A rally in the U.K.s FTSE 100 Index since Brexit is not just the best absolute return among 18 developed markets in Europe, but also the safest when price swings are taken into account, data compiled by Bloomberg show. 

A plunge in the pound has helped the situation … 

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