
Carney said predictions regarding a drop in the pound and the economy slowing had proved correct
However, the governor said that as "greater clarity" about the shape of Brexit emerged this year, there would be a "conscious re-coupling" of the United Kingdom economy with the global economy.
The Brexit vote will cost the British economy about 10 billion GBP per year, according to the Governor of the British Central Bank, Mark Carney.
"There's the prospect this year, as there's greater clarity about the relationship with Europe, and subsequently with the rest of the world, for a recoupling if I can use that term, borrow it from Gwyneth Paltrow, so a conscious recoupling of the economy - the United Kingdom economy - with the global economy".
Carney said there would be a re-coupling of the United Kingdom economy with the global economy when greater clarity about the Brexit emerges. "But what's happening in the United Kingdom is effectively the Brexit effect in the short-term, and I would underscore in the short-term", he said.
Paltrow famously described her split from Coldplay singer Chris Martin as a "conscious uncoupling," a term that was widely mocked at the time.
The world economy is accelerating and the United Kingdom is not benefiting from it, he said. "Investment has picked up a bit but it hasn't picked up anyways to the same extent as internationally".
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Sharks F Joe Thornton has arthroscopic surgery on right knee
Logan Couture leads San Jose with 18 goals, Brent Burns has 32 assists and Joe Thornton has 75 shots on goal. Michael Grabner leads NY with 21 goals, Mats Zuccarello has 27 assists and JT Miller has 72 shots on goal.
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Greater clarity on future trading relationships should boost growth, Carney said.
Mr Hammond said the European Union and United Kingdom economies were already "completely interconnected and aligned".
Carney also defended the Bank of England's record on Brexit forecasting.
However, using a phrase coined by actress Gwyneth Paltrow, Carney said the United Kingdom economy could soon re-join world economic growth once there is clarity around Brexit.
The supporters of Brexit argued during the campaign before the referendum that the United Kingdom would save 350 million GBP per week after leaving the EU.
"We will do whatever we can to support the economy during the transition - whether there is no deal or a comprehensive deal", the Bank of England Governor said in November.
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