Poised to be the first foreigner to run the Bank of England since its founding in 1694, he will address lawmakers on Feb. 7 in London, days after declaring central banks aren’t “maxed out” on what they can do to drive their economies. At the same time, the central bank’s Monetary Policy Committee will be meeting on the other side of the capital, and Carney’s future colleagues probably won’t add to their quantitative-easing program as inflation ties their hands.
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Carney Seeks ‘Escape Velocity’ as Head of Bank of England
Poised to be the first foreigner to run the Bank of England since its founding in 1694, he will address lawmakers on Feb. 7 in London, days after declaring central banks aren’t “maxed out” on what they can do to drive their economies. At the same time, the central bank’s Monetary Policy Committee will be meeting on the other side of the capital, and Carney’s future colleagues probably won’t add to their quantitative-easing program as inflation ties their hands.
