The Bank of England (BoE) Governor Mark Carney said before the House of Lords economic affairs committee on Tuesday that the uncertainty about the results of the referendum on Britain’s membership in the European Union (EU) seemed to weigh on Britain’s economy.

He noted that Britain’s exit from the EU could have a negative impact on Britain’s financial stability, property markets, market liquidity, and on the rest of the EU.

“Some elements of these risks may be beginning to manifest,” Carney said.

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