• BoE's Carney says BoE should not try to achieve distributional outcomes and cannot affect productivity much in long run

Market news

17 October 2017

BoE's Carney says BoE should not try to achieve distributional outcomes and cannot affect productivity much in long run

  • Monetary policy is not principle instrument for financial stability

  • First threat to BoE independence is thinking monetary policy can do more than it can

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