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BlackRock chairman warns Carney over low rate environment
Carney, Nouy and Weidmann in panel debate on financial intermediation
![Bank of England governor Mark Carney Bank of England governor Mark Carney](/sites/default/files/styles/landscape_750_463/public/import/IMG/507/282507/carney-mark-580x358.png.webp?itok=3jbjhTdc)
BlackRock chairman Laurence Fink today criticised the low interest rate regimes in place at the major central banks, as he warned a panel of senior policy-makers that private institutions could "refuse to lend" if rates remain depressed.
The prediction was rebutted by Bank of England governor Mark Carney, who countered: "I don't believe you", before adding the two probably agreed "more than it may seem".
The panel was chaired by Bundesbank president Jens Weidmann, and also featured contributions
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