BoE's Carney: MonPol cannot prevent weaker real income growth likely to accompany Brexit

During his opening remarks at the Bank of England's conference, in London, BOE Governor Mark Carney was noted saying that monetary policy cannot prevent weaker real income growth likely to accompany Brexit. 

Key quotes:

   •  Monetary policy can influence how hit to incomes is distributed between job losses and inflation
   •  Prosperity of the UK will reflect final Brexit arrangements, also Government's fiscal & structural policies