Central Banks
BOE’s Catherine Mann Says UK Government Needs Longer-Term Agenda
- Resolution Foundation essay urges work on climate, equality
- Remarks add to concern about the UK lacking growth program
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A Bank of England policy maker urged the UK government to move economic policy away from being an emergency response tool and onto a more sustainable footing.
Catherine Mann, who sits on the nine-member panel setting interest rates, said fiscal and monetary policy makers need to “transition from a crisis-policy phase to a longer-term agenda that tackles underlying economic, social, and environmental challenges.”