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Liz Truss criticized the Bank of England, stating its quantitative easing program has resulted in a disastrous impact. Truss also highlighted a lack of accountability and limited discussion surrounding the central bank's actions.
Truss has previously linked persistent U.K. inflation to neglect of money supply in policy debates. In an earlier statement, she criticized the Keynesian consensus among policymakers and argued that these issues remain insufficiently addressed. Further details are available in her prior comments on inflation and money supply.