The business secretary, Kwasi Kwarteng, blamed the Bank of England today for allowing inflation to spiral out of control saying “something had gone wrong” and the government needed to look at how the institution was organised.
In a direct attack on the Bank’s governor, Andrew Bailey, Kwarteng suggested he was wrong to claim that it could not have foreseen inflationary pressures, and should have moved earlier to combat rising prices.
The business secretary is a prominent supporter of Liz Truss, the foreign secretary, who has pledged to review the Bank’s mandate if she becomes prime minister.
Her plan would put the government on a collision course with the Bank, which has robustly defended its independence and efforts to control inflation.
Speaking to the BBC Bailey
https://news.google.com/__i/rss/rd/articles/CBMiQGh0dHBzOi8vd3d3LnRoZXRpbWVzLmNvLnVrL2FydGljbGUvaW50ZXJlc3QtcmF0ZXMtcmlzZS05aDVmdjYzcnDSAQA?oc=5
2022-08-05 12:45:00Z
1516375361
Tidak ada komentar:
Posting Komentar