A letter to Andrew Bailey

Jagjit Chadha warns the Bank of England governor not to let markets take control

bank-of-england-2016

Andrew Bailey
Governor
Bank of England
Threadneedle Street
London EC2R 8AH

Dear governor

No-one can say that the three years and three months since you became governor have been easy ones for the economy. We have had a global pandemic, supply chain disruptions, a war on the continent of Europe and all in the shadow of a botched Brexit that has amplified the impact of these shocks. Over this period, fiscal policy has been directed at providing a cushion to households and firms, and accordingly

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