Mark Carney, governor of the Bank of England, gestures as he speaks during the Institute of International Finance Spring Membership Meeting in Tokyo, Japan. (Photographer: Akio Kon/Bloomberg)

BOE’s Carney Sees Need for Hikes If Economy Performs as Expected

Jun 06 2019, 11:53 AMJun 06 2019, 1:58 PMJune 06 2019, 11:53 AMJune 06 2019, 1:58 PM

(Bloomberg) -- The Bank of England will need to increase interest rates gradually if the economy performs as policy makers expect, according to Governor Mark Carney.