U.K. Treasury Advertises for BOE Policy Maker to Replace Posen
“This is a high profile and influential role,” the Treasury in London said in a statement on its website today. “Candidates must have the technical expertise and experience necessary to make independent monetary policy decisions.”
The Bank of England said earlier this month that Posen, an external member of the MPC, will leave to become president of the Peter G. Peterson Institute for International Economics.
The closing date for applications is June 15, according to the advertisement, which said the post pays 131,771 pounds ($205,200) plus healthcare benefits. The Treasury said external MPC members are not required to hold U.K. nationality, but are “expected to be resident in the U.K.”
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