PM May's monetary policy comments not an attack on BOE - Carney

Prime Minister Theresa May's comments on the distributional consequences of the Bank of England's low interest rate policy are not an attack on the central bank's independence, Governor Mark Carney said on Friday. When asked on a panel at the International Monetary Fund's meetings whether May's comment that ultra low rates had "some bad side-effects" was an attack on the central bank's independence, Carney said: "Absolutely not".