Bank of England’s bid to fix the drip leads to worst leak in decades
Red faces at BoE after policy decision is revealed by yellow press before its own briefing
15 November 2020 - 17:01
London — The Bank of England’s (BoE) worst leak in almost a quarter of a century of monetary policy independence has cast doubt on its ability to keep a secret.
The Sun newspaper’s November 5 scoop on the BoE’s plans for a bigger-than-expected expansion of quantitative easing (QE) that day, headlined with the exact outcome that transpired, shines an uncomfortable light on the institution’s practice of taking such decisions and then sleeping on them before they are announced...
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