Bank of England Governor Mark Carney once again defended his obligation to assess economic risks related to Britain’s upcoming referendum on European Union membership. The BOE has “a responsibility under our remit to report not just the current trade-off that may hold in terms of returning inflation to target in a sustainable manner, but the risks, the principle risks around that trade-off,” Carney told lawmakers on Parliament’s Treasury Committee in London. The referendum decision could “materially change the trade-off.” Deputy Governor Ben Broadbent and fellow policy makers Martin Weale and Gertjan Vlieghe ... (full story)