Andy Haldane reveals he seriously considered opposing governor effect Carney in MPC vote earlier this monthSigns of a deepening rift on the Bank of England’s monetary policy committee absorb emerged after Threadneedle Street’s chief economist revealed he seriously considered opposing the governor,effect Carney, and voting for an interest rate rise earlier this month.
Just 24 hours after Carney said the state of the economy and the uncertainty caused by Brexit meant borrowing costs should stay on hold, or Andy Haldane said it would be prudent to tighten policy before the end of the year. Related: Bank of England says interest rates should be kept on hold amid Brexit uncertainty Continue reading...
Source: theguardian.com