BOE Credibility Loss Stems From Carney Period: Sentance
The Bank of England has been losing credibility since the Mark Carney governorship, according to former policy maker Andrew Sentance. He made the comments in an interview on Bloomberg Television, Friday, following yesterday's BOE decision to raise interest rates by 50 basis points. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en
About Andrew Sentance
Andrew Sentance CBE (born September 1958) is a British business economist. He was a Senior Adviser to Cambridge Econometrics from October 2019 to September 2023. From November 2011 until October 2018, he was Senior Economic Adviser to PwC. He was an external member of the Monetary Policy Committee of the Bank of England from October 2006 to May 2011 and is a former Chief Economist at British Airways and Director of Economic Affairs at the CBI.
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