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Carney hits back on Brexit charge as ‘Leave’ in poll lead

  Bloomberg Mark Carney hit back against critics who accused him of supporting the U.K.’s membership in the European Union as a new poll showed the Leave campaign holding its lead ahead of next week’s referendum. The Bank of England has “a duty” to report its “evidence-based judgment” to parliament and the public, the institution’s governor wrote in a letter ...

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Sterling heads for 2-month low ahead of BOE policy move

  Bloomberg The pound dropped toward a two-month low versus the dollar as traders awaited the Bank of England’s final policy meeting before the U.K. votes on its membership to the European Union. Sterling weakened against 12 of its 16 major peers, dropping to a three-year low versus the yen. The June 23 referendum has dominated the currency market with ...

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Swiss government sees ‘modest’ growth, warns of short-term risks

  Bloomberg Economic momentum in Switzerland is expected to pick up next year as the recovery in the neighboring euro area gains steam, the government said, confirming its last quarterly forecast. Gross domestic product will expand 1.4 percent this year and 1.8 percent in 2017, the State Secretariat for Economic Affairs in Bern said on Thursday, leaving projections unchanged from ...

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