Philip Booth writes for City AM
In his article Philip argues that despite the financial crash, the Bank of England seems to have become more self-confident in their forecasts. It is increasingly ditching rules and trying to use its own day-to-day judgments to make trade-offs and micro-manage markets. We have a central bank believing it can find the optimal trade-off between unemployment and inflation. We need somebody at the Bank of England who thinks differently and who will stand up and say so.
Read the full article here.