Carney Warns Protectionism Could Hit Global Growth

Bloomberg , Jun 27, 2018
by Lucy Meakin

Bank of England Governor Mark Carney says increasing protectionism is “concerning” and could diminish the strength of the global economy.

Speaking at a press conference in London following the publication of the BOE’s Financial Stability Report, Carney said that officials are looking closely at potential spillovers arising from escalating trade tensions.

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