DHAKA: Bank of England governor Mark Carney has robustly defended his stance on the UK’s EU referendum debate and accused one of his prominent critics of trying to ‘undermine’ the Bank’s remit.

The comments came in testy exchanges during Carney’s evidence to the Treasury select committee, reports the BBC.

Carney was answering questions from Jacob Rees-Mogg, who favors Brexit.

He said the Bank had a responsibility to the British people ‘who do not want risks kept from them’.

Earlier this month, the Bank of England gave its starkest warning yet that a UK vote to leave the EU could hit the economy.

Carney warned that the risks of leaving ‘could possibly include a technical recession’.

Vote Leave campaigners strongly criticized Carney, with Rees-Mogg calling for him to resign.

BDST: 1624 HRS, MAY 24, 2016
RR

** ‘Brexit would hit house prices’