Bank of England's next governor downplays hopes of boost to growth but hints at US Fed-style guidance on interest rates. Mark Carney warned on Thursday that he would be moving to a "crisis" economy when he takes over as governor of the Bank of England later this year. Speaking in Washington, the current governor of the Bank of Canada bracketed the UK with the group of weak countries still trying to emerge from the downturn of the past four years. Carney sought to downplay expectations that he could single-handedly transform Britain's prospects, warning that central banks could only do so much and that healthy ... (full story)