Take a Chancellor on Me: Unpacking Kwarteng and Truss's Big Gamble
The Bunker – News without the nonsense
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Is There Any Precedent for a Central Bank Acting Effectively?
Is there any precedent for a central bank acting to ameliorate a government policy from which the government refuses to reside? "My head was spinning when I saw that statement, because what it basically was saying was that the government won't change its mind," says Danny Cevallos. The IMF said you should not be in a position where fiscal and monetary policy are fighting against each other, he adds.
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