BoE’s independence ‘significantly overstated’ – Sharp


The Bank of England does not enjoy as much independence as many think, and yet the independence it does have should be carefully protected, according to Richard Sharp, outgoing member of the financial policy committee.

Sharp made the remarks in a March 19 speech – his last before stepping down. He warned that central bank independence was widely under attack from politicians, and that the BoE’s independence is often “significantly overstated”.

In reality, the BoE has operational independence

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: