MPC’s Miles: open to changes at Bank of England… but only in a crisis

Monetary policy committee external member David Miles told the Standard that a switch to a growth target — mooted by the Bank’s incoming governor Mark Carney late last year as an extreme response to a crisis — could be justified as a “temporary measure in exceptional circumstances”. Miles made cl…

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MPC’s Miles: open to changes at Bank of England… but only in a crisis

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