Mark Carney’s remarks to the Treasury select committee had immediate impact on financial markets, while he also commented on the budget and Greece’s debtAn interest rate hike in the UK is “moving closer”, the governor of the Bank of England told MPs in comments that have fanned market expectations that policymakers could start to tighten borrowing costs before the end of the year.Speaking to the Treasury select committee on Tuesday, Mark Carney also expressed misgivings about the euro project, the sustainability of Greece’s debts and the prospects for the embattled country’s economy in the wake of this week’s deal hammered out by leaders in the single currency union. Related: Back to zero inflation: falling food and clothing prices drag rate back to 0.0% Continue reading...
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