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UK finance minister Kwarteng: BoE independence is a cornerstone

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By Reuters
UK finance minister Kwarteng: BoE independence is a cornerstone
UK finance minister Kwarteng: BoE independence is a cornerstone   -   Copyright  Thomson Reuters 2022   -  

<div> <p><span class="caps">LONDON</span> – Britain’s new finance minister Kwasi Kwarteng told Bank of England Governor Andrew Bailey on Wednesday that he wanted to reaffirm the central bank’s independence.</p> <p>“Independence is really a cornerstone of how we see managing the economy,” Kwarteng said during televised footage at the start of a meeting with Bailey, adding that independence did not mean immunity from discussion.</p> <p/> </div>