Governor of the Bank of England Mark Carney rejected calls for higher interest rates in his Mansion House speech, arguing it is "not yet the time" to begin adjusting monetary policy.
In his Mansion House speech, which was delayed from last week's cancelled event, Carney said he did not believe the time was right for interest rate rises, as a result of mixed signals over consumer spending...
Reduces chances of rate hike
'Following the letter, but not the spirit, of the rules'
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