Carney faces another grilling amid uncertain future

Mark Carney will have his chance to put speculation about his future as Bank of England governor to rest when he faces lawmakers on Tuesday.

The U.K. parliament’s Treasury Committee’s session is billed as seeking evidence on BOE policy and its most recent economic forecasts, but it’s Carney’s own future that is currently dominating the headlines. The Canadian is in talks about staying in the role beyond his planned departure date of June next year, according to a report by the BBC on Monday.

A government spokesman on Monday played down the prospect, saying Carney still plans to leave his role in 2019, and the BOE and the Treasury declined to comment.

Bloomberg

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.