I just feel a lot of his statements are headline grabbers to keep the £ low.
You are right of course now would not be the best time for him to release the reigns. I'm told he stated before the Brexit vote that if the country voted out. We would have immediate massive unemployment and yet unemployment is actually going down. My main complaint with him is as soon as the pound starts to rise against the main currencies he opens his big mouth and down comes the pound again!!
The problem isn't with Carney's numbers. It is with the way they are presented.
Take for example yesterday's announcements. He is presenting a worst case scenario not a prediction, yet the media allied with those that the worst case figures help jump on them for the "sensational" story.
Then because of the way it was presented Carney gets it in the neck for getting "predictions" wrong when they were never predictions. They were analysis of whether they/we can cope with the worst case scenario.
Like said above. Despite the negative equity aspect I don't think in the current climate house prices falling is going to be an argument against Brexit. I would however guess that they know those who would prefer lower house prices are much more likely to be staunch remainers (young people, graduates) whereas those that would lose out with lower prices (40+) are much more likely to be leave voters. Hence the presentation.
It is just another case where it isn't about "leave lied, remain didn't." They should be reporting this stuff more accurately and those on both sides should not be playing the game and going along with the idea that these worst case scenarios are predictions.
Carney has not done what Osborne did. Osborne went out and said "this will happen." Carney presents it quite honestly but then it isn't reported as what it is.
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