Tag: Mark Carney

• Friday, May 3rd 2013 - 02:27 UTC

  Bank of Canada names long term bureaucrat and economist as new head

  

  The Bank of Canada has named long-term bureaucrat and economist Stephen Poloz as its new head, replacing Mark Carney who is going to run the Bank of England. Mr Poloz was a surprise choice as many observers expected Mr Carney's senior deputy, Tiff Macklem, to succeed him.

• Thursday, February 7th 2013 - 19:32 UTC

  Bank of England next governor favours “flexible inflation targeting”

  

  Bank of England has chosen not to inject any more money into the economy, leaving its quantitative easing (QE) programme at £375bn. The Bank also left interest rates unchanged at 0.5%.

• Monday, November 26th 2012 - 19:04 UTC

  Canadian considered G7 best central banker to lead Bank of England for next five years

  

  Mark Carney has been named as the new Bank of England governor, who will replace outgoing head Sir Mervyn King. The role of the governor is the most important unelected position in Britain, and is chosen by the British Government.