Europe Economy

Mark Carney's actions 'consistent' in a very inconsistent country, Cramer says

Bank of England Governor Mark Carney
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Jim Cramer said Thursday that the Bank of England governor, Mark Carney, has been consistent in his actions following the United Kingdom's vote to leave the EU in June.

Carney spoke at a news conference in London Thursday about the BOE's decision to cut its benchmark interest rate, from 0.5 percent to 0.25 percent, for the first time in seven years.

"Consistent adult throughout the whole Brexit phenomenon has said that he would stand ready to do this, so he is a man of his word," Cramer told CNBC's "Squawk on the Street." "I find him to be a reliable central banker."

Carney has been criticized for his predictions about how Brexit could negatively hit the U.K. The bank also cut growth forecasts and announced a new bond-buying program, actions taken for monetary and financial stability, Carney said in the conference.

Separately, Cramer also spoke on the U.K.'s outlook and fears of nonnative workers.

"Fears that we have in this country too," he said. "People coming from strange lands who could do strange things, so to speak."