By Daniel Hunter
Mark Carney has said his decision to link the nation's interest rate to the unemployment rate will boost the UK's economic growth.
Speaking to the BBC the new governor for the Bank of England said that keeping interest rates at the current level until unemployment fell below 7% was expected to boost the economy by "more than half a percentage point of GDP".
But he warned that this prediction should be taken "with a grain of salt".
He also told the Today programme it was "striking" that there were no women on the Monetary Policy Committee (MPC).
The MPC is the committee at the Bank of England responsible for setting interest rates.
Mr Carney said that while he was not responsible for appointing members of the MPC, it was important to "grow top female economists all the way through the ranks", so there would be more female candidates for MPC positions and qualified candidates to be a future governor.
Join us on