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BoE Governor Mark Carney Warns the Risk of Disturbing Global “Delicate Equilibrium”

February 12, 2019

Bank of England Governor Mark Carney expects a steady slower pace economic growth globally but concerns on trade war and rising protectionism can affect the “delicate equilibrium”. He mentioned a jump on tighter monetary conditions, due to increasing policy rates, and trade tensions to be the reasons for the recent sluggish growth in the global economy. An increasing debt in China and new barriers to global trade gives an important and “growing” risk to the outlook of the world economy w

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