Carney Awaited as BOE Inertia Danger Looms in Recession Battle

Carney Awaited as BOE Inertia Danger Looms in Recession Battle

Chris Ratcliffe/Bloomberg

In a coincidence of timing that emphasizes the clash of old and new, the Bank of England’s meeting and decision next week will take place just as Mark Carney makes his first public appearance in the U.K. in connection with his new role.