Why Britain is broke, with Ed Conway
Daily Politics from the New Statesman
00:00
The Bank of England's Role in the Pandemic
The Bank of England is set to hold a meeting in the summer of 2021 where they might have made the wrong decision. There were people who were getting quite nervous that they were going down the wrong path there and should have been flipping. But we know what happened in the event, they didn't change course. They still kept interest rates really low. And it was across all central banks, all of the big central banks like the Federal Reserve, the ECB. No one saw this coming. It's easy in hindsight to say nothing differently.
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