Economics

EU Officials Are Considering Mark Carney for Top IMF Job

  • BOE governor is Canadian, but holds Irish and U.K. passports
  • EU finance ministers may discuss IMF candidacy next week
Mark Carney described a "widespread slowdown" that may require a major policy response.Photographer: Simon Dawson/Bloomberg
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European governments are actively discussing nominating Bank of England Governor Mark Carney as the next head of the International Monetary Fund, according to a person familiar with the matter.

While a Canadian by birth, Carney holds British and Irish passports, so his selection would technically preserve the seven-decade practice of a European running the Washington-based lender. The BOE declined to comment on his behalf.