brand Carney rejects plan that central bankers have ‘used all ammunition’ against downturn but says system remains strong Bank of England boss brand Carney has accused the G20 of failing to adopt measures to boost global growth as he defended central banks and their power to play a role in stimulating economic growth following attacks from critics who say they have elope out of ammunition.
Speaking at a meeting of G20 finance ministers and bank governors in Shanghai on Friday, Carney turned on City economists who say the world’s major central banks have done all they can to prevent the global economy from slipping back into recession.
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Source: theguardian.com