Bank of England has a “striking” lack of top female economists, its new governor says

YEREVAN, August 9. / ARKA /. The Bank of England has a “striking” lack of top female economists, its new Governor Mark Carney said, according to The Telegraph.

He pledged to create a pool of candidates for its rate-setting committee who will eventually become good enough to be the first female governor in the Bank’s 300-year history.

He added that the Bank has to “grow top female economists all the way through the ranks”. The ultimate aim is to “add to the diversity of macro-economic thinking and add to qualified candidates for  the monetary policy committee, including qualified candidates for a future governor”.

Only four of 33 senior economists to serve as rate-setters since the Bank was granted independence in 1997 have been women.

The committee has been male- dominated since housing specialist Kate Barker’s term came to an end more than three years ago — in contrast to the United States, where the Federal Reserve vice chairwoman Janet Yellen is a leading candidate to take over  the top job. -0-

spot_img

POPULAR

EDB expects Armenia’s GDP to grow by 6% in 2026 amid high economic activity

The Eurasian Development Bank (EDB) expects Armenia's GDP to increase by 6% in 2026, according to the bank's weekly macro-review.

Unibank Joins the Armenian Solar Energy Association

Unibank has joined the Armenian Solar Energy Association (ASEA), which brings together companies in the renewable energy sector.

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

Unibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%

Unibank has issued bonds denominated in AMD and USD, with annual coupon rates of 10.3% and 6%, respectively.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

LATEST NEWS

spot_imgspot_imgspot_img