Mark Carney, Bank Of England Governor, To Stay On Until 2019

LONDON — Bank of England governor Mark Carney announced Monday that he will extend his term in office by one year and stay in the position through June 2019, a decision that may help settle speculation about his future guiding Britain's monetary policy.In a letter to Treasury chief Philip Hammond, Carney said he was staying an extra year because he recognized "the importance to the country of continuity'' during the U.K.'s negotiations to leave European Union.The former Bank of Canada...

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