Carney signals he might stay longer at Bank of England

FAN Editor
Bank of England Governor, Mark Carney, speaks during the central bank's quarterly Inflation Report press conference in London
Bank of England Governor, Mark Carney, speaks during the central bank’s quarterly Inflation Report press conference in London, Britain August 2, 2018. Daniel Leal-Olivas/Pool via Reuters

September 4, 2018

LONDON (Reuters) – Bank of England Governor Mark Carney signaled on Tuesday he was prepared to stay in his job beyond his planned leaving date next June, saying he was willing to do whatever he could to ensure a smooth Brexit.

“Even though I have already agreed to extend my time to support a smooth Brexit, I am willing to do whatever else I can in order to promote both a smooth Brexit and an effective transition at the Bank of England,” Carney told lawmakers on parliament’s Treasury Committee.

“The Chancellor (finance minister Philip Hammond) and I have discussed this. I would expect an announcement to be made in due course.”

(Reporting by David Milliken; Writing by Michael Holden; Editing by William Schomberg)

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