The Guardian

The Guardian view on the Bank of England’s £120bn bill: power without accountability | Editorial

The Guardian view on the Bank of England’s £120bn bill: power without accountability | EditorialWorldPing

Quantitative tightening has blurred the line between monetary and fiscal policy, leaving ministers accountable for decisions they cannot directly control When Labour made the Bank of England independent in 1997, the idea was that the Bank set interes…

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