The Pak Banker

LONDON:

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Mark Carney said he would need to decide this year if he wants to ask to stay on for a full eight-year term as Bank of England Governor, his most explicit hint so far that he might do so. In testimony to lawmakers in London on Tuesday, Carney said it's a "tremendous honor" to have his current job and there is a "lot more to be done" at the central bank. It's yet another signal from the Canadian that he could seek to stay for the full term permitted by U.K. legislatio­n.

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