'The easiest call in 25 years': Mark Carney says the Bank of England got everything about Brexit right — and warns that no deal will be bad

Reuters/Peter Nicholls

• Bank of England Governor Mark Carney defended the central bank's pre-Brexit forecasts in an interview with Bloomberg.
• He said the Bank's pre-vote forecast that the pound would drop sharply was the "easiest call one could make."
• The Bank of England is actively planning for a no deal Brexit, an outcome it describes as "disorderly."
• Carney said that he spends half of his time working on Brexit.

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LONDON — Predicting the immediate fallout from Britain's vote to the leave the European Union in June 2016 was "probably the easiest call I’ve seen in macro in 25 years," according to Bank of England Governor Mark Carney.

Speaking in a lengthy interview with Bloomberg's Stephanie Flanders, Carney said it was entirely obvious before the vote that the pound would tank, inflation would sharply increase, and economic growth would slow in the event of Britain voting to leave the EU.

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