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.


Commodities Weekly: Oil supported as hurricane threatens production

OANDA Trading Podcast discussing EM currency risk with MoneyFM 89.3

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

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 BNN. 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

Latest posts by Craig Erlam (see all)