Mark Joseph Carney is a Canadian economist, banker and manager, the current Governor of the Bank of England. Carney was born in 1965 in Fort Smith, Northwest Territories, Canada. Being the son of two teachers, he grew up in a cultured family of humble background. In 1988, he graduated in Economics from Harvard; he then obtained a Master’s degree and a PHD in Economics at Oxford, respectively in 1993 and 1995. Carney spent thirteen years at Goldman Sachs, one of the biggest merchant banks in the world, before becoming Deputy Governor of the Bank of Canada in 2003 and, a year later, Canada’s Deputy Minister of Finance. In 2008, Carney was appointed as Governor of the Bank of Canada. During the years of the financial crises, Carney stood out for his performances and his unconventional choices, which aimed at safeguarding the economy more than risking. Different from his colleagues at the other Central Banks, Carney cut the interest rates of the Bank of Canada by 0.5% and gave significant liquidity to Canadian banks, helping protect the country against the global collapse.

Since November 2011, Carney has served as chairman of the Financial Stability Board, the body that monitors the global financial system. In 2013, Mark Carney became Governor of the Bank of England: he is the first non-British person ever appointed to head the Bank. One of his goals is to boost British economy by adopting a more flexible monetary policy that can encourage credit provision. His view includes the use of the forward guidance, that is to say informing the markets about the policies adopted by the bank, such as lowering interest rates for a long period. Thanks to the radical change that he introduced in the traditional English monetary policy, Carney is considered one of most revolutionary and authoritative economists of all time. In 2010, American Time magazine placed him 21st in their top 100 list of the world’s most influential men.

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