If only all my stories had as much impact.
My interview with Mark Carney, the Governor of the Bank of England, sent shockwaves around the world’s currency markets.
The Canadian was just three months into his new role as Britain’s most powerful unelected official when he visited Leeds to explain the central bank’s then new policy of forward guidance to a group of business leaders at the offices of one of the city’s Big Six law firms.
In person, Carney was smooth, confident and assured, just as you would expect from someone who spent his formative years at Goldman Sachs.
I had 10 minutes with the Governor, who was accompanied by his imported Canadian spokesman. Forward guidance, he said, was all about giving households and businesses advance notice of a rise in interest rates. This would come onto the agenda when average UK unemployment fell to 7 per cent.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in