Carney hints at monetary easing after Brexit vote

Bank of England governor Mark Carney on Thursday suggested monetary easing may be required this summer, saying that the economic outlook had "deteriorated" after Britain voted to leave the EU. "The economic outlook has deteriorated and some monetary policy easing will likely be required over the summer," he said in a speech in central London. "Reflecting the possibility that heightened uncertainty may last a while longer, today the Bank of England is announcing that it will continue to offer Lon