BOE's Carney sees financial stability risk from Brexit

From forexlive.com

BOE FSB presser now underway 27 June FPC raising CCYB along with MPC action supports UK economy during period of heightened uncertainty consumer credit growth has far outpaced incomes opver the past year No surprises there. If you're not earning enough to beat rising prices you're going to borrow more. Was ever thus Mr C .Always a key risk as I've banged on about for months/years now. Cheap money feeds the huge demand/need. Watch the presser live here GBPUSD 1.2737 after the post FPC report highs of 1.2774 EURGBP up to 0.8832 and helping to cap cable as EURUSD holds 1.1250 Looks like we'll have to wait to the Q&A for ... (full story)