NEW YORK—Gloomy warnings that advanced economies have entered a long period of stagnation are overdone, but central bank support will be needed to nurture a sustained global recovery, Bank of England Gov. Mark Carney said Monday.
In a speech in New York, Mr. Carney said economic growth in the U.K. and the world economy is poised to accelerate in 2014 after several years of disappointingly sluggish activity. Economic growth in the…
Read the original post: BOE’s Carney Sees Sustained Global Recovery
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