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Carney’s Escape Velocity Aim Brings Canadian Halo to BOE

Mark Carney’s first six weeks as Bank of England governor will test his ability to turn activist rhetoric into policy reality as he seeks to accelerate the struggling U.K. economy to what he calls “escape velocity.”

Set to start in London on July 1, the Canadian-born Carney casts his first vote three days later on whether to expand the central bank’s bond buying. He then has a month to deliver a report on whether the bank should copy the Federal Reserve by publicly plotting a path for interest rates.