Mark Carney: Economic outlook 'clouded by Brexit'

Cuts inflation and growth forecast for Q2

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Mark Carney commented on the Bank of England's latest Inflation Report
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Mark Carney commented on the Bank of England's latest Inflation Report

The Bank of England (BoE) has downgraded its predictions for inflation and economic growth in Q2, as the prospects for the UK economy remain "clouded by Brexit uncertainty".

In its May Inflation Report, the BoE revised its projected GDP growth expectations for the second quarter of 2018 down from the February estimate of 1.8% to 1.4%, while predicting inflation will fall to...

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