Carney says cannot ignore 'fairly substantial' sterling drop

By David Milliken and William Schomberg LONDON (Reuters) - Chancellor Mark Carney said on Tuesday that there were limits to the central bank's ability to ignore the effect of sterling's slide on inflation, as policymakers consider whether to cut interest rates next week. Carney also told lawmakers that political criticism would not influence his decision on whether to extend his time at the BoE, but warned that any interference with its independence would hurt the currency and push up government