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Bank ‘should hold emergency meeting’ amid the threat of a further pound plunge

The Bank of England should consider holding an emergency meeting and look to act “promptly and forcefully” on interest rates to head off the threat of a further run on the pound, its former deputy governor has warned. Sir Charlie Bean – who was ...

27 Sept 2022 at 15:40

Bank too slow to ‘wake up’ to inflation threat, former deputy governor says

The Bank of England misjudged the threat of inflation and did not move quick enough to raise interest rates, the Bank’s former deputy governor has suggested. Sir Charles Bean, along with three economic experts during a wide-reaching Treasury ...

05 Jul 2023 at 16:41

Bank did not raise interest rates soon enough, says former deputy governor

The Bank of England failed to act quickly enough to hike interest rates as rampant inflation took hold and will now have to “move faster” with further rises, the Bank’s former deputy governor has warned. Sir Charlie Bean, who was deputy ...

24 Jan 2022 at 01:25

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