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Bank of England Preparing Contingency Plans for EU Vote

The Bank of England is preparing a contingency plan for the aftermath of Britain's referendum on European Union membership, Governor Mark Carney said Tuesday. But he said the central bank will not predict the likely outcome or economic consequences of a vote to leave. Carney acknowledged that uncertainty about the outcome was fueling instability for the pound, as the opposing sides in the EU debate traded allegations about the economic impact of leaving, a prospect known as...

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