Bank of England Governor Carney comments reported in the UK Telegraph, via Bloomberg headine

Carney's at the G20 meeting:

  • "low growth, low inflation and low interest rate" environment could become permanent
  • Monetary policy alone is not a not a panacea for global economy problems
  • Needs to be matched with structural reform

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It doesn't sound like he has mentioned fiscal issues ... which is curious.

more to come