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Pedestrians pass The Bank of England in the City of London.
Pedestrians pass The Bank of England in the City of London.
(© Olivia Harris / Reuters/Reuters)

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In Carney, Bank of England gets a clean slate

Less than two weeks ago, the editorial board of the Financial Times made a bold statement.

The paper typically doesn’t endorse candidates for the Bank of England chair, but it took the time to weigh in on the horse race by endorsing Paul Tucker, the central bank’s deputy governor in charge of financial stability.