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Bank of England Governor Mark Carney and Monetary Policy Committee members Ben Broadbent, Gertjan Vlieghe and Martin Weale are appearing in front of parliament's Treasury Select Committee to answer questions. The focus of the questions was on issues related to Britain's June 23 referendum on whether to remain in the European Union, and what the Bank of England has said or will say about that. MARK CARNEY WHAT THE BANK MIGHT SAY BEFORE EU REFERENDUM: "We in my judgment have highlighted the key economic issues around, including short-term uncertainty and the potential change in the trade-off between output and inflation, so I would not expect something substantially different to be said (after the MPC's June 16 meeting).
DOHA, Qatar (AP) — The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair price" to encourage necessary investment, Qatar's energy and industry minister said Tuesday, ahead of next week's meeting of OPEC producers.