BoE reform needed to boost firepower for downturns, think tank says

LONDON, (Reuters) - The Bank of England should be given more power to steer lending in Britain’s economy and influence government spending during a downturn, a think tank said on Monday.

After more than a decade of low interest rates since the global financial crisis, central bankers across advanced economies are concerned that they’re less able to boost the economy when the next recession comes.

Positive Money, a think tank whose work has been endorsed by the...
source: Reuters

2019-10-22 02:02
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