Economics
A Former BOE Chief Says Look to Treasury for Real Influence
- Charlie Bean says OBR fiscal watchdog more important than BOE
- Better fiscal framework needed to stop ‘silly gameplay’
This article is for subscribers only.
Follow us at @BloombergUK for the latest news and analysis.
Bank of England interest-rate decisions are of minor economic importance compared with the big fiscal judgments taken by the U.K. government’s spending watchdog, a former BOE deputy governor has said.