Carney: The Bank of England is not 'omnipotent' and can't stop the pain of Brexit

The Bank of England has limited power to prevent the painful economic adjustments that will come as a result of Brexit, Governor Mark Carney said on Thursday morning. Speaking at the bank's "Independence: 20 Years On" conference to mark the beginning of its independence in 1997, Carney said senio...

Carney: The Bank of England is not 'omnipotent' and can't stop the pain of Brexit