Mark Carney
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Mark Carney: Interest rate rises ‘will be gradual and limited’

13 August 2014 Last updated at 12:17 BST

Bank of England governor Mark Carney has said that any increases in interest rates, when they come, "are likely to be gradual and limited''.

Speaking at a news conference he said that interest rates were dictated by what he called ''headwinds'' in the UK economy.