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3 November 2016updated 30 Jul 2021 5:14am

The Bank of England’s critics have got one thing right

Monetary policy can be improved. 

By J Ryan-Collins

So Mark Carney, the governor of the Bank of England, is staying on to see out the Brexit negotiations, and is set to lay out his latest monetary policy plans today. 

Doubts had been raised over the governor’s appetite for the job, after criticism over his handling of the referendum and post-crisis monetary policy more generally. There were even the beginnings of a brief, and somewhat spurious, press campaign to replace Carney with one these staunch critics, Jacob Rees-Mogg. 

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