Carney Has an `Unsolvable Riddle,’ JPMorgan’s Michele Says

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Sep.14 — Morgan Stanley Chief European Economist Daniele Antonucci and JPMorgan Asset Management Global Head of Fixed Income Bob Michele discuss the outlook for Bank of England policy after Governor Mark Carney told lawmakers that a no-deal Brexit could see mortgage rates raised even as economic output and house prices tumble. Carney made the remarks at a cabinet briefing according to people who asked not to be named because the discussions were private. Antonucci and Michele speak on “Bloomberg Surveillance.”

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