Carney Seeks to Embrace the Spirit of the Millennial

The Bank of England needs to adopt the “spirit of the millennial” and embrace varied approaches to problem-solving, as well as boosting gender and ethnic diversity, central bank governor Mark Carney said on Thursday.

Carney made his comments on the same day that Kristin Forbes, the BoE policymaker who has taken the most critical stance towards the bank’s post-referendum stimulus, said she would not seek a second three-year term at the BoE.

Carney said the BoE had targets to boost its proportion of female, black and Asian staff, but that it was important too to increase what he described as “cognitive diversity”.


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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

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