Carney derides UK ex-PM’s economic policy

Bank of England governor Mark Carney
Mark Carney

Former Bank of England governor Mark Carney accused former UK prime minister Liz Truss of creating an “Argentina on the Channel” in a September 17 speech.

Truss responded the next day, accusing the central bank of having “destabilised markets” with its loose monetary policy.

Speaking at the Global Progress Action Summit in Montreal, Carney condemned conservative parties for resisting public spending and investment. He attacked “the misguided view that slashing leads to growing”, calling this a

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