Carney: No-deal Brexit would be very unusual situation

During the November Inflation Report parliamentary hearing, the Bank of England Governor Mark Carney was asked if he would vote to hike or cut rates after a no deal Brexit.

• BOE's Carney said it depends.
• BOE's Carney said no-deal Brexit would be a very unusual situation.
• BOE's Carney said would have to go back to the 70s to find a comparable situation.
• BOE's Carney said starting position of UK economy is very different to how it was at the time of the Brexit referendum.