The Bank of England is not making a judgment about the potential outcome of the Brexit referendum, Governor Mark Carney told lawmakers on Tuesday.
Carney said the monetary policy committee has room for additional stimulus. If the economy needs more stimulus, the bank will make asset purchases, including a variety of assets, he said at the Treasury Select Committee hearing.
Deputy Governor Minouche Shafik is the third member in a week to comment that interest rates are likely to rise faster than financial markets currently expect.
Policymakers Jon Cunliffe and Martin Weale last week said markets may be wrong in pricing in an interest rate hike only in 2019.
Earlier this month, the BoE decided to keep the key interest rate unchanged at its record low 0.50 percent in a unanimous vote.
Another policymaker Gertjan Vlieghe said there were no signs yet that the referendum had deteriorated households and business sentiment.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.