A key message from new Bank of England Governor
Here's a key message: Carney is saying when rates are very low (as in UK), "there could be a more favourable case for nominal GDP targeting".
New BoE Governor Carney's lessons from Canada
Mark Carney, the next Governor of the Bank of England has revealed some clues to his approach to the job during a speech in Canada.
So how did Osborne get his man?
Despite boasting the role was advertised externally for the first time, the Chancellor worked hard to lure Canadian banker Mark Carney.
The Canadian taking over at the Bank of England
The Bank of Canada Governor will bring a lot of experience and a tough reputation to his new role as Governor of the Bank of England.