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Mark Carney News

Op-Ed: Claims UK jobless total is falling sparks interest rate rise fear

London - News that unemployment in the UK is apparently falling is a mixed blessing. The Office of National Statistics, ONS, reports the jobless rate is down for the third quarter in a row to 7.6 percent, the lowest since 2009.
In the Media by Eileen Kersey - 7 comments

UK: House prices rise again fuelling fears of a 'bubble'

London - When the economic crisis hit in 2008 it had direct links to the housing market. The UK has experienced inflated house prices in the past and the "bubble" subsequently bursting. Could the introduction of a Government scheme to help buy homes be bad news?
In the Media by Eileen Kersey - 4 comments

Canada's housing market continues downward slide

Ottawa - Bank of Canada governor Mark Carney says that Canada's economy is in transition to less dependence on housing. Exports are expected to take up the slack as demand for Canadian material increases globally.
In the Media by Ken Hanly - 4 comments

Mark Carney: Interest rate hike warnings being heard by Canadians Special

Toronto - Bank of Canada Governor Mark Carney delivered a speech to the Toronto CFA Society where he discussed guidance of central bank policies. Carney stressed the importance of transparency in monetary policy and the market’s response to the interest rates.
Digital Journal Report by Andrew Moran

Mark Carney steps down as head of Bank of Canada for England job

Ottawa - Bank of Canada Governor Mark Carney announced that he is stepping down as of July 1 after serving nearly five years. The central bank head, who has received accolades across the globe, will take the top job at the Bank of England.
In the Media by Andrew Moran - 2 comments

Canada's new $20 polymer bank note officially enters circulation

Ottawa - With a few days until Remembrance Day, the Bank of Canada announced the new $20 polymer bank note that goes into circulation Wednesday. The new bill honours the nation's military men and women and the back features the Canadian National Vimy Memorial.
In the Media by Andrew Moran - 4 comments

Bank of Canada head Mark Carney on list of top central bankers

Ottawa - A finance magazine has published a list of the world's top heads of central banks. This year's compilation includes six central bankers, who received "A" grades. Argentina's Mercedes Marcó del Pont and Ecuador's Pedro Delgado were last.
In the Media by Andrew Moran

Bank of Canada head issues apology for $100 bank note controversy

Ottawa - Bank of Canada Governor Mark Carney issued an apology for the decision to exclude a woman that appeared to be of Asian descent, according to focus group participants. Carney called the move a mistake and the design process would be reviewed.
In the Media by Andrew Moran - 9 comments

British PM considering Mark Carney as Bank of England governor

London - Bank of Canada head Mark Carney is being considered by British Prime Minister David Cameron as the new Bank of England governor. Most individuals tied to the British central bank have been tainted by the Libor scandal.
In the Media by Andrew Moran - 1 comment

OECD warns 'severe recession', urges Canada to hike interest rate

Paris - The Organization for Economic Co-operation and Development (OECD) published its latest report Tuesday, in which it notes of a "severe recession" due to the Eurozone crisis. It also urged Bank of Canada Governor Mark Carney to raise interest rates.
In the Media by Andrew Moran - 2 comments
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Mark Carney  former Governor of Bank of Canada
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