Carney’s Policy Autopilot Gives Time for McKinsey Revamp

Mark Carney picked a good time to implement sweeping changes at the Bank of England.

Bank of England divided on forward guidance, outlook for asset purchases

LONDON: Bank of England policymakers proved to be unexpectedly split on new governor Mark Carney's long-run commitment to keep interest rates low earlier this month, minutes of their August meeting showed on Wednesday.