Bank of England Governor Mark Carney said in an interview that markets expect interest rates to rise to 1.5% over the next few years. His most prominent statements were as follows:
- The results of Royal Bank of Scotland are another sign that we are moving beyond the financial crisis.
- We do not raise interest rates if the situation calls for a further reduction.
- The possibility of no agreement on Brexit is still in place.
- It is in the interest of the European Union and the United Kingdom that an agreement be reached.
- Both sides must do their best to reach an agreement.
- The government prepared to prepare the government for Brexit.
- The EU has a lot to do.
- The financial system will be ready for an undesirable scenario.
- We need a long transition.
- The economy grew at a slower pace than we expected before Brexit vote.
