The response to the Bank of England’s selection of Bank of Canada chief Mark Carney to be its next chief is being met with near universal praise.
Given how explosive subjects of monetary policy are (at least in popular discussion) the lack of controversy is Surprising.
A lot of attention has been paid to the fact that Carney represents a force for strong bank regulation (Canada didn’t have a banking meltdown), something the UK feels it needs given the various busts and scandals that have affected its banks.
more
Mark Carney: How he stayed ahead of the curve in the financial crisis | Business Insider | Financial Post
Given how explosive subjects of monetary policy are (at least in popular discussion) the lack of controversy is Surprising.
A lot of attention has been paid to the fact that Carney represents a force for strong bank regulation (Canada didn’t have a banking meltdown), something the UK feels it needs given the various busts and scandals that have affected its banks.
more
Mark Carney: How he stayed ahead of the curve in the financial crisis | Business Insider | Financial Post