- BOE: Goldman Sach's Senior European Economist Ben Broadbent is to replace Andrew Sentance on the Bank of England Monetary Policy Committee.
Market news
7 March 2011
BOE: Goldman Sach's Senior European Economist Ben Broadbent is to replace Andrew Sentance on the Bank of England Monetary Policy Committee.
- Broadbent's first meeting will be the June MPC meeting, with Sentance leaving at the end of May.
- UK Chancellor of the Exchequer George Osborne thanked Sentance for his "original analysis."
- Sentance spearheaded the drive for higher interest rates on the MPC, and many analysts expect the MPC will finally hike rates at Sentance's last meeting, in May.
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