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Bank of England

Bank of England chief Carney extends post-Brexit stay

LONDON: Mark Carney will remain Bank of England chief until January 2020 to steer the UK economy through possibly "quite a turbulent period" post-Brexit, finance minister Philip Hammond announced Tuesday. Speaking in parliament, Hammond said BoE governor Carney had agreed to prolong his stay by seven months "in order to ensure continuity through what could be quite a turbulent period for our economy in the early summer of 2019". Britain is set to leave the European Union in March. Chancellor of the Exchequer Hammond…