Bank of England Governor Mark Carney said the central bank is ready to take more action if necessary to defend the economy against the coronavirus outbreak after the central bank cut interest rates.
Carney said quantative easing remains part of the BOE toolkit. He was speaking at a press conference following the central bank’s 50-basis-point emergency rate cut on Wednesday.
To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net
To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net
