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Carney finishes at the BOE, love him or hate him?

triathlon
Posts: 969 Forumite

https://www.bbc.co.uk/news/business-51851150
I personally think he has done a brilliant job,not perfect, but brilliant
I personally think he has done a brilliant job,not perfect, but brilliant
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Rats are all leaving the sinking ships
jamie diamon left jpmorgan supposed heart attack
cant be true because she didn’t have a heart
he has set the record for the most criminal charges of any banker in history and that’s saying something0 -
I bet he is mighty relieved to have finished. I don't envy the job of his replacement.
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silvertooth said:Rats are all leaving the sinking ships
jamie diamon left jpmorgan supposed heart attack
cant be true because she didn’t have a heart
he has set the record for the most criminal charges of any banker in history and that’s saying something1 -
Good job. Steady Captain.0
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His so-called forward guidance quickly turned into a bit of a mess, and IMO he let himself get a bit too partisan during Project Fear, prior to the original Brexit vote. Maybe just a sign of the times we live in, but I also thought he spoke too much for someone in his position. Not unlike Bercow in that respect. Seemed to think anyone was actually interested in him, rather than just the MPC and its announcements.Feb 2008, 20year lifetime tracker with "Sproggit and Sylvester"... 0.14% + base for 2 years, then 0.99% + base for life of mortgage...base was 5.5% in 2008...but not for long. Credit to my mortgage broker1
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fewcloudy said:His so-called forward guidance quickly turned into a bit of a mess,0
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Thrugelmir said:fewcloudy said:His so-called forward guidance quickly turned into a bit of a mess,Feb 2008, 20year lifetime tracker with "Sproggit and Sylvester"... 0.14% + base for 2 years, then 0.99% + base for life of mortgage...base was 5.5% in 2008...but not for long. Credit to my mortgage broker0
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fewcloudy said:Thrugelmir said:fewcloudy said:His so-called forward guidance quickly turned into a bit of a mess,1
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Carney was a chump brought in to keep interest rates rock bottom indefinitely and so keep the house price bubble inflated. He made excuse after excuse not to normalise rates and 12 years on from Lehman we are still stuck with emergency rates. He's loaded the MPC up with feeble doves too scared to raise rates.
After a decade of cheap money, we're now reaping what we sowed, house owners mortgaged to the hilt, savers investing in risky assets to get a yield, interest rates cuts with no impact and a fragile banking sector, good riddance Carney.0 -
Thrugelmir said:fewcloudy said:Thrugelmir said:fewcloudy said:His so-called forward guidance quickly turned into a bit of a mess,
People in public life should evolve with the times, I don't feel sorry for any of them.
Last 10 years social media has changed the way most of us work.
Feb 2008, 20year lifetime tracker with "Sproggit and Sylvester"... 0.14% + base for 2 years, then 0.99% + base for life of mortgage...base was 5.5% in 2008...but not for long. Credit to my mortgage broker0
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