After Brexit: Britain's Economy Outlook

Economic decision-makers are calling for central bankers to prepare to act as money markets respond to Britain's exit from the European Union.

Governor of the Bank of England Mark Carney at the Bank of England in the City of London Source: AAP

The International Monetary Fund says uncertainty over Britain's looming departure from the EU will dampen near-term economic growth for the UK and the rest of Europe, and affect output globally.

 

IMF chief Gerry Rice says market movements following last week's vote, including currencies, were large but not excessively disorderly.

 

He says the situation remains volatile.