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Carney Not Yet With Pink Set Sharing Policies Beyond BOE Circle

Mark Carney hasn’t started work in London yet and he’s already talking about a policy that goes beyond what is considered acceptable in U.K. monetary circles.

As the first foreigner appointed governor of the 318-year-old Bank of England, Carney used one of his seven remaining months as head of the Bank of Canada to remind his future colleagues on Dec. 11 that targeting nominal gross domestic product is potentially a “more powerful” tool for central bankers whose economies are stuck in a rut.