Andrew Bailey must go
The Bank of England has no hope of regaining trust under its current governor.
ByReviewing politics
and culture since 1913
The Bank of England has no hope of regaining trust under its current governor.
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The Bank has to account for the long-term effects not only of its own decisions, but also of government policy.
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Britain does not want the fever of inflation – but it is unprepared for the cure.
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UK and US central banks are faced with a dilemma: allow inflation to keep rising, or hike interest rates to…
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MPs and ministers are looking for a scapegoat for the coming recession.
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The fact that Andrew Bailey is prepared to warn against pay rises is a sign of how worrying inflation has…
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If small rates rises fail to hold down inflation, central banks may opt for more drastic measures that could lead…
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