Economics

BOE Will Take Necessary Further Steps to Help U.K., Carney Says

Mark Carney and Andrew Bailey attend a Bank of England briefing in London on March 11.
Photographer: Simon Dawson/Bloomberg

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By David Goodman

March 11, 2020 at 9:11 AM UTC

Updated on

March 11, 2020 at 9:16 AM UTC

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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.