Carney ranked among world's best central bankers
The head of the Bank of Canada was upgraded to an A in Global Finance's annual report card for the world's most influential central bankers
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Global Finance magazine is out with its annual report cards for the world’s most influential central bankers.
The grades, which range from A to F, are based on banker’s success in controlling inflation, fostering economic growth, and managing interest rates.
Other factors include the banker’s ability to stand up to political pressure and influence government in a positive way.
In what’s been an incredibly difficult economic environment, here are the central bankers who have had a steady hand on the wheel.
Mark Carney, Bank of Canada governor
2012 Grade: A
2011 Grade: B+
Core inflation: 1.7%
Unemployment: 7.3%
Benchmark interest rate: 1%
Source: Global Finance, Citi, Bloomberg
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