May Backs Carney After Doubting Whether BOE Actions Helped
- Carney defended central bank independence at event on Friday
- Governor to decide this year how long to stay at BOE
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Mark Carney has received the backing of Prime Minister Theresa May, countering perceptions of tension between the Bank of England governor and the government.
May is “clear in her support of the governor and the leadership he’s shown in the last few months,” her spokeswoman Helen Bower told reporters in London on Monday. The voicing of support follows a similar sentiment from Chancellor of the Exchequer Philip Hammond, who told Bloomberg last week that Carney is “doing a good job.”