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Economics

Governor Carney is no monkey

Last night, the BOE Governor announced that the bank's Funding for Lending Scheme (FLS) -- launched in July 2012 to aid home and business borrowing - would be re-directed away from housing and into business (particularly small firms) financing.

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Read more: Canada Governor Mark Carney,  UK Chancellor,  BOE Governor Sir Mervyn King,  FLS,  July 2012,  Ben Bernanke,  ECB Governor Mario Draghi,  Exchequer George Osborne,  Funding,  Lending Scheme,  BOE Governor Mark Carney,  Canadian Carney,  Dec. 31,  Economics,  ex-Bank,  Fed,  Jan. 1,  Reuters,  UK house builders,  US