Mark Carney Staying at BOE Until 2019

Mark Carney Staying at BOE Until 2019

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Mark Carney, Governor of the Bank of England, faced speculation about his tenure due to Brexit-related criticisms. Despite initial plans for a five-year term, Carney decided to stay until 2019 to oversee the Brexit process. His leadership was praised by figures like Jeffrey Hammond and Theresa May, despite earlier criticisms. The Bank of England is expected to maintain its current policy amid Brexit uncertainties. Speculation about Carney's future includes potential political ambitions in Canada or a move to Wall Street, but for now, he remains focused on his role at the Bank of England.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial duration of Mark Carney's contract with the Bank of England?

Three years

Ten years

Five years

Eight years

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did some people think Mark Carney might leave the Bank of England early?

He had health issues

He wanted to retire

He was criticized by the Leave campaign

He was offered a job in Canada

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the expected market reaction to the Article 50 Brexit process?

Positive reaction

Uncertain reaction

No reaction

Negative reaction

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Theresa May say about Mark Carney's role at the Bank of England?

He is the best man for the job

He should run for office in Canada

He should move to Wall Street

He should be replaced

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential future career path was speculated for Mark Carney?

Starting a business

Becoming a professor

Running for office in Canada

Joining a tech company