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Carney says he's willing to extend Bank of England tenure


Tuesday, 4 September 2018 20:27 WIB

BOEMark Carney,Bank Of England


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Bank of England Gov. Mark Carney signaled Tuesday that he is willing to stay on as head of the U.K. central bank after his term ends next year.

In testimony to U.K. lawmakers, Carney said he discussed the possibility of extending his tenure with Treasury chief Philip Hammond, adding that he expects an announcement on the subject to be made soon.

“I am willing to do whatever else I can in order to promote both a smooth Brexit and an effective transition at the Bank of England,” Carney said.

Carney’s term is due to end in June 2019 and the Treasury is in charge of filling the post after he leaves.

Source: Marketwatch


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