Carney ready to serve full eight-year term as BoE governor - reports

Amid speculation he would step down early

Anna Fedorova
clock • 1 min read

Mark Carney is reportedly committed to serving his full eight-year term as the governor of the Bank of England, amid speculation he would resign from his role earlier.

Carney (pictured) is expected to make a public announcement about his plans this week and is said to be "leaning strongly" towards staying in his role, the Financial Times reports. The governor took up his position in 2013, with an initial commitment to serve a five-year term and the option to extend it by a further three years. However, there have been speculations he would be stepping down from his role in 2018, rather than in 2021 as expected. Yet the paper reports the governor wants to help navigate the UK economy through the expected difficulties once Article 50 is triggered i...

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