Posen to leave Bank of England’s MPC

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The Bank of England (BoE) today (May 18) revealed Adam Posen is set to leave the Monetary Policy Committee (MPC) at the end of his three-year term on August 31. He will become the next president of the Peterson Institute of International Economics, a private, non-profit research institution in Washington, DC following his departure from the bank.

Posen has built a reputation for being outspoken and for taking a dovish stance on monetary policy since joining as an external member of the MPC in 20

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