Bank of England launches review of MPC transcripts policy

Kevin Warsh

The Bank of England (BoE) has commissioned a review into whether it should start making "permanent" recordings and transcripts of monetary policy meetings after the bank's current practice of destroying its recordings of proceedings within a fortnight came in for criticism last month.

The bank said today it had appointed Kevin Warsh, a former Federal Reserve governor until 2011, to undertake the review, which was mooted by BoE governor Mark Carney when confronted with the issue at a parliamentar

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