Tuesday, April 19, 2016

Assessing The Consequences 
If Britain Leaves The EU
Bond purchases, currency interventions, rate cuts or even rate increases: those are just some of the actions the Bank of England is seen taking if the U.K. votes to leave the European Union. Some 90% of economists in Bloomberg’s monthly survey said Governor Mark Carney would have to step in with some form of support if the June 23 referendum leads to a so-called Brexit. What’s less clear is the shape that response could take, with uncertainty about the scale &form of the fallout meaning any number of measures could be needed.

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