Carney Says Decision on BOE Term Is ‘Entirely Personal’
- BOE governor testifies to Lords Economic Affairs committee
- Comments follow barrage of attacks from U.K. politicians
Carney Calls BOE Term Decision 'Entirely Personal'
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Mark Carney deflected questions on how long he’ll stay at the Bank of England, saying his decision on whether to serve a full term as governor won’t be a reflection on the U.K. government.
“It’s an entirely personal decision,” Carney said Tuesday in response to questions from the upper, unelected chamber of Parliament. “No one should read anything” into it in regards of government policy, he said, adding that the role of governor requires “total devotion.”