Carney to quit?

CLAPTON

Sapphire wrote: »

I hear he is not now going until 2019. Not sure what to think about that because he appears to be an Osborne/Goldman Sachs man. I don't think his policy of very low interest rates (encouraging people who can ill afford it to borrow massive amounts of money), or excessive money printing has been good for the future of Britain's citizens. Only a few years ago, interest rates were at 6 per cent or more, and such a situation is bound to occur again – raising interest rates cannot be put off forever. He does need to be more positive about our country than he has been until now, and he should stick to finance. Perhaps we need someone who has a new and different approach?

the rate is set by a vote of 10 people

michaels

Sapphire wrote: »

I hear he is not now going until 2019. Not sure what to think about that because he appears to be an Osborne/Goldman Sachs man. I don't think his policy of very low interest rates (encouraging people who can ill afford it to borrow massive amounts of money), or excessive money printing has been good for the future of Britain's citizens. Only a few years ago, interest rates were at 6 per cent or more, and such a situation is bound to occur again – raising interest rates cannot be put off forever. He does need to be more positive about our country than he has been until now, and he should stick to finance. Perhaps we need someone who has a new and different approach?

Hmm - Carney offers forward guidance on how long he will remain in the job.....:rotfl:

Graham_Devon

michaels wrote: »

Hmm - Carney offers forward guidance on how long he will remain in the job.....:rotfl:

In that case, we can assume he will be telling us differently in 1 months time.

wotsthat

Pound up on Carney news according to the BBC. Currently up by $0.002 per £. Talk about trying a bit too hard to make sense of the randomness.