Market Week

Your guide to what's going on

10th August, 2013
Mark Carney, the new governor of the Bank of England.

**Forward guidance:** New Bank of England governor Mark Carney made history last week when he explicitly linked interest rate policy to unemployment in Britain, stating that rates would remain at record lows until the jobless rate fell to 7 per cent. Unless there is an uptick in inflation above 2.5 per cent, that should mean rate certainty through 2015.

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**Post payoff:** While everyone in media was talking about what Jeff Bezos would do with the Washington Post now...

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