BoE's newest MPC member defends limited experience of ‘core' issues

Kristin Forbes
Kristin Forbes

Kristin Forbes, an incoming member of the Bank of England's (BoE) Monetary Policy Committee (MPC), has shot back against suggestions that she lacks experience in dealing with "core issues" of monetary policy.

Responding to questions at a parliamentary hearing today, Forbes, a former member of George W. Bush's Council of Economic Advisers and an American citizen, disagreed with the suggestion that her limited background in setting interest rates and predicting inflation made her ill-suited to joi

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