Bank of Canada to form special committee to recruit successor for Carney

Author: Adam Button | Category: Central Banks
  • Osborne says Charlie Bean will stay on for one extra year
  • Carney will apply for British citizenship
  • Carney will stay as BOC Gov until June 1
  • Carney will serve until 2018
  • Carney is ‘outstanding central banker of his generation’

I guess Carney didn’t like those Canadian winters.

As a Canadian, I feel a mixture of flattery and irritation. But the Bank of Canada is a well-run operation and it shouldn’t make much of a difference.

For the BOE, it’s a great move, it’s the most dysfunctional of the major central banks.