UK finance minister Philip Hammond comments in parliament
- Carney to serve until January 2020
- Carney is to see economy through "turbulent period"
- Carney has agreed to stay despite "personal pressures"
Well, guess we'll have to put up with Mr. Carney for an additional six more months than expected. Also, BOE deputy governor Jon Conliffe has also been reappointed for his role, according to the finance ministry.
Meanwhile, Hammond is also commenting on Brexit saying that they are "devoting all efforts over the coming weeks and months" to secure a Brexit deal.