Mark Carney faces rate cut decision

Mark Carney’s third week managing Britain’s response to the economic shock of Brexit has begun.

With UK politics in disarray after it opted to split from the EU, the Bank of England governor has been leading the charge in offering stability.

After boosting liquidity, freeing banks to lend more and signalling a willingness to loosen monetary policy, Mr Carney will in coming days address lawmakers in parliament and oversee the central bank’s first interest-rate decision since the Brexit vote.