Scenarios
Carney: Interest rates may rise in no-deal Brexit meltdown
Bank of England governor outlines extreme scenario in which house prices fall by 35%, sources say
Mark Carney gave a stark warning of the dangers of a no-deal Brexit that could see mortgage rates raised even as economic output and house prices tumble.
The Bank of England (BOE) governor joined the UK Cabinet, chaired by prime minister Theresa May, to share worst-case economic scenarios used by the central bank, people familiar with the matter said.
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