Bank of England can fight a new slowdown, but fiscal policy has role too - Carney
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BOSTON (Reuters) - The Bank of England would probably take measures to stimulate bank lending in the event of a fresh downturn in the economy, and government fiscal policy could also play a role, BoE Governor Mark Carney said on Wednesday.Carney said the British central bank would probably cut the countercyclical capital buffer that it sets for banks to zero, from 1% now, if the economy - which faces the prospect of a no-deal Brexit shock - took a hit."You certainly can paint scenarios,..