By Jo Gilbey • 08-Jul-2014 16:45:00 • Interest rates

It’s long been said that Bank of England governors have a history of going 'zig' when everyone else is going 'zag'. This is certainly a trait that media pundits have highlighted as being present in current governor Mark Carney, and you only have to look at his early policies to see why. As nations around the world were slowly recovering from the global financial crash, many highlighted policies to amend their interest rates accordingly. Whether this was to keep them low indefinitely to encourage spending or elevate them slowly and surely in a bid to maintain stability, each had their own take on what to do for the best.

Carney, on the other hand, cemented his maverick status almost immediately by reprising a policy first rolled out back in his native Canada - that of tying interest rates to the unemployment figures.

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