Carney and MPC members defend independence
Mark Carney warns vote to leave EU could result in technical recession
Mark Carney defended his stance on the UK referendum on its European Union membership today (May 24), while other members of the Bank of England's monetary policy committee (MPC) stressed their independence.
Appearing before the Treasury Select Committee, Carney warned a vote to leave the EU on June 23 might cause a "technical recession". He has been grilled by MPs on multiple occasions on what is a politically charged subject.
Carney may not intervene much further. Committee chair Andrew Tyrie
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