Bank of England Governor to face Lords Economic Affairs Committee questions
What are the biggest risks to financial stability in the UK? Will business investment recover now that the UK has legally left the institutions of the EU? What will the target of net zero carbon mean for the UK economy?
These are among the questions the House of Lords Economic Affairs Committee will be asking Dr Mark Carney, Governor of the Bank of England, on Tuesday 11 February 2020.
Other questions the Committee is likely to ask include:
- What are the long-term consequences of persistent low-interest rates for the UK economy?
- Has Quantitative Easing succeeded in unlocking enough growth to achieve a sustained economic recovery?
- Can the UK's ‘productivity puzzle' be solved?
- What will be the impact of the Government's new ‘levelling up' agenda on interest rates and inflation?
- What is the risk to the economy from rising household debt?
- What are the risks associated with ‘rule-taking' in the financial services sector?
This will be Dr Carney's final appearance before the Committee as Governor as his mandate finishes next month.
This evidence session, which is open to the public, will start at 3.35pm on Tuesday 11 February 2020 in Committee Room 1 of the House of Lords.