BoE Independence: Miracle or Disaster? Titelbild

BoE Independence: Miracle or Disaster?

BoE Independence: Miracle or Disaster?

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The Bank of England's Independence was wrought after a succession of crises, most notably that of the ERM in 1992 - known as Black Wednesday. The aftermath resulted in the incoming 'New Labour' government reforming the Bank of England, rendering it independent of government policy.

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