Year1
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bzb Although facing many demands from the Brexit camp to resign early Pressure But Bank of England Governor Mark Carney remains poised to complete his eight-year term. Carney is reported to have told friends that he will issue a statement this week to end malicious rumors that he will resign early.
bzb Carney is expected to make a final personal decision after consulting with Prime Minister Theresa May and Chancellor of the Exchequer Hammond before the Bank of England releases its inflation report this week. The pound has taken a beating since the UK voted to leave the European Union in March. Financial markets will be closely watching the impact of any political uncertainty.
bzb It is reported that Carney strongly prefers to stay in office. He hopes that once the British government triggers Article 1 of the Lisbon Treaty and launches two-year Brexit negotiations with the EU, it can lead the UK out of possible economic difficulties. Informed sources revealed that the middle of the year will be the darkest day in the UK.
bzb Carney's friends say he will firmly defend the Bank of England's policy independence in the face of continued attacks from the Brexit campaign. Brexiteers say the Bank of England has plunged the British economy into a desperate situation by issuing pessimistic economic forecasts in support of remaining in the EU.
(Although UK GDP (Gross Domestic Product) data released last week showed that the UK economy has remained relatively solid since the referendum, some prominent Conservative politicians still called for Carney to resign.
( In May's Conservative Party After the conference said that the central bank's ultra-low interest rate policy harmed the interests of savers rather than helping the UK avoid recession, the Brexit camp smelled blood. Although Downing Street later expressed reassurance to Carney, Carney reiterated that the Bank of England formulated policies independence. After the Conservative Party conference, Carney publicly warned that he would not follow the instructions of politicians to carry out his duties.
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