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Carney emphasizes the limited influence of the Bank of England on the "brexit"

Bank of England Governor Mark Carney today underscored the limited influence of the central bank on the British economy, especially on the impact of "brexit", although will seek to mitigate the risks associated with divorce in the EU.

London, Sep 28 (EFE) .- Bank of England Governor Mark Carney today highlighted the limited influence of the central bank on the British economy, especially on the impact but will seek to mitigate the risks associated with EU divorce.

"The prosperity of the UK will be reflected not only in the final brexit agreement but in the fiscal and structural policies of the Government, "Carney said when speaking at a conference in the City of London (financial center) on the occasion of the twentieth anniversary of the independence of

"The bank will do everything it can to support adjustments consistent with its statutory obligations," he added. will have the capacity to finance the transition and the opportunities ahead "after the" brexit ", scheduled for March 2019.

When referring to the role of Carney said that it "can not solve the broader societal challenges" in the country as the bank has "carefully defined objectives".

In 1997, shortly afterwards of the arrival of Tony Blair's Labor to power, then Minister of Economy Gordon Brown gave the Bank of England the independence to set interest rates outside the influence of the British Government.

In this regard, Carney noted that in recent years there have been calls for the organization to help meet economic challenges, such as productivity or the lack of affordable housing.

"The requests for the bank to resolve these challenges ignore its defined objectives." "monetary and fiscal stability - are" necessary for the country's prosperity, "he continued.

In addition, Carney said that the Bank's Monetary Policy Committee year-on-year inflation to remain at 2%, although it currently stands at 2.9%.

Following the referendum to leave the European club on June 23, 2016, the bank cut interest rates at the historical level of 0.25% in August of that year, after they were at 0.50% since 2009.

On the occasion of the anniversary of its independence, the issuing bank celebrates - between today and tomorrow - a conference in which the President of the European Central Bank (ECB), Mario Draghi, and the Managing Director of the Fund International Monetary Fund (IMF), Christine Lagarde, and British Prime Minister Theresa May.

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