Mark Carney under pressure to say how long he'll stay

Pressure is building on the governor of the Bank of England to clarify how long he intends to stay in the job.

Newspaper reports over the weekend suggested Mark Carney was considering leaving in 2018.

However, BBC economics editor Kamal Ahmed believes Mr Carney is leaning towards extending his tenure to 2021.

"All the people I've spoken to, close to Mark Carney, suggest he is more towards staying than leaving," Kamal said.

When Mr Carney became governor in June 2013 he committed to serving for five years. Since then he has made clear he is considering extending his stay, saying he would clarify at the end of this year whether he would stay for the full eight-year term.

It is thought he might make an announcement on Thursday when Mr Carney holds a news conference following the publication of the Bank's Quarterly Inflation Report and the announcement of the result of its latest interest rate meeting.

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