(Reuters) – UK’s Treasury Committee said on Monday it will question outgoing Bank of England Governor Mark Carney alongside members of the monetary policy committee on Tuesday.
The lawmakers will hold an evidence session with Andrew Bailey on Wednesday on his appointment as the new governor of the BOE, the committee said on Twitter Mel Stride, who chairs the Treasury committee, had earlier said he would call in Carney and his successor Bailey to explain the misuse of the audio feeds from BOE news conferences. In December, the central bank said a rogue supplier has been giving traders access to potentially market-moving information seconds before rivals.
Bailey is due to become Bank of England Governor on March 16.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.