EghtesadOnline: Chancellor of the Exchequer Philip Hammond and Bank of England Governor Mark Carney are headed to India “to bang the drum for British business,” and make the case that London will remain a main finance hub even after Brexit.
EghtesadOnline: Mark Carney warned that surprises could still be ahead as the U.K. starts the formal process of leaving the European Union, and the Bank of England is ready to respond accordingly.
EghtesadOnline: Mark Carney says his tolerance for faster inflation is limited, and the signs are that those limits will be tested.
EghtesadOnline: Bank of England Governor Mark Carney signaled he could raise banks’ capital requirements as early as this summer should the U.K. economy remain steady following the nation’s vote to leave the European Union.
EghtesadOnline: Bank of England Governor Mark Carney is ready to serve a full eight-year term, despite critics campaigning for him to resign ahead of time, the Financial Times reported on Sunday.