FXStreet (Mumbai) – Bank of England’s (BOE) Carney, while testifying to lawmakers, said the bank could if necessary go below bank rate of 0.5 pct.

Carney added that question of negative rates has not arisen yet. Earlier, Carney declined to comment when asked whether Sterling is overvalued.

Bank of England’s (BOE) Carney, while testifying to lawmakers, said the bank could if necessary go below bank rate of 0.5 pct.

(Market News Provided by FXstreet)

By FXOpen