People: Poloz takes over from Carney; Hristov returns from Bulgarian parliament

Bank of Canada

Canada: Stephen Poloz took over from Mark Carney as governor of the Bank of Canada yesterday, beginning a seven-year term.

Poloz's appointment surprised many, as deputy governor Tiff Macklem had been seen as the frontrunner for the governorship. Nevertheless, Poloz is not expected to introduce any major changes to the Canada's monetary policy, calling the inflation target "sacrosanct" and backing flexible inflation targeting.

Carney takes over as governor of the Bank of England on July 1.


To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: