“The uncertainty caused by the vote itself, regardless of the outcome, is already affecting markets and the UK economy,” Brain continued. “Providing support for the banking system, which may see a temporary dip in liquidity around the vote, is what central banks are there to do. Perhaps it’s a better role than trying to stimulate assets by printing money, but that’s a different story.”
Carney stays firmly on the fence over Brexit
Bank of England Governor Mark Carney has determinedly stayed neutral under questioning on whether the United Kingdom should leave the European Union.