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Bank of England Governor Mark Carney announces measures to shore up financial stability in the wake of Brexit. (Photo: Bloomberg)

(Bloomberg) — Mark Carney pledged to shore up financial stability as he warned that the risks from Britain’s shock decision to leave the European Union have started to crystallize.

“There is the prospect of a material slowing of the economy,” the Bank of England governor said at a press briefing in London on Tuesday, after the central bank published its semi-annual Financial Stability Report. “The number of vulnerable households could increase due to a tougher economic outlook.”

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