It's time to revisit Bank of England independence


by @cityam

@cityam— Independence should not mean the Bank of England is shielded from government scrutiny and accountability to the public, says Damian Pudner Last week, a striking disclosure by former prime minister Liz Truss reignited the debate on the delicate balance between political authority and the operational independence of central banks – a topic with profound implications []

The Telegraph—England’s Euro 2024 warm-up matches vs Bosnia and Iceland: When are they, what time and where. Plus, how to watch England’s final preparations on home soil, head-to-head record and squad latest

The Guardian—Bank of England’s chief economist dampens hopes of summer interest rates cut. Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last monthThe prospects of a summer cut in UK interest rates have receded after the Bank of England’s chief economist said inflation must be squeezed out of the economy and cautioned against cutting too soon.After a key survey signalled strong sales across the private sector over the past month and the London stock market rose to a record high, Huw Pill said concerns remained that inflation, which is...

WTOP—It’s (almost) Met Gala time. Here’s how to watch fashion’s big night and what to know. NEW YORK (AP) — Attention all you fashionistas: It's Met Gala time. Yes, the first Monday in May is upon us. Looking to follow along? Here's a quick primer on what you need to know about the palooza