What happens when an economist becomes prime minister?

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• 00:01

  NPR.

• 00:11

  The chair of the Federal Reserve is kind of supposed to be boring.

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  Nobody wants a flamboyant, fed chair talking off the cuff and maybe spooking the market.

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  And they're also supposed to be independent from political pressure.

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  If you're running the central bank, it could be tempting to juice the market in bad times.

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  Enter Mark Carney,

• 00:34

  who's merging those two worlds as Canada's new prime minister and one of the only world leaders who used to lead a G7 central bank,

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  not just one bank, but two of them.

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  Here to tell us all about Mark Carney is senior business reporter with the Canadian Broadcasting Corporation,

• 00:52

  Anise Hadari.

• 00:53

  Welcome Anise.

• 00:53

  Thanks for having me back for the view from north of the 49th parallel.

• 00:57

  Yes.

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  Both financial and political watchers here are saying, hey, can this guy switch from high-profile economist?

• 01:04

  Plus, it's kind of a pivotal time for both economics and government in North America.

• 01:11

  Just a smidge.

• 01:12

  We're fighting a little bit.

• 01:14

  You're the master of the understatement.

• 01:16

  Trade and political relations between the US and Canada are at this all-time low.

• 01:21

  This is the indicator from Planet Money.

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