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Carney's future at BOE overshadows Britain's interest-rate decision

Direktøren for Bank of England, Mark Carney. Foto: Simon Dawson/AP

Bank of England Governor Mark Carney will extend his time in office by a year to 2019 to guide the economy through Britain's split from the European Union.

Choosing a middle path between leaving in 2018 as planned or remaining until 2021 as entitled, Carney said in a letter to Chancellor of the Exchequer Philip Hammond that by staying until June 2019, he will help with an "orderly transition to the U.K.'s new relationship with Europe."..

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