The Bank’s key interest rate - currently at a record low of 0.5% - is its chief tool of monetary policy.
Mr Carney was speaking to business leaders in his second speech since the UK’s vote to leave the EU.
“In my view, and I am not pre-judging the views of the other independent Monetary Policy Committee (MPC) members, the economic outlook has deteriorated and some monetary policy easing will likely be required over the summer,” he said.
This points to the likelihood of a cut to interest rates from their already record low.
It also creates the distinct possibility of further quantitative easing over the summer.
In theory yes, rates cute boost property market. But if history gives any guidance, when BoE first cut rates, housing price continues to nosedive, it’s up only when economy revived