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Bank of England will resist economic change, Liz Truss argues

Bank of England will resist economic change, Liz Truss argues
Bank of England to resist economic policies

Liz Truss argues that the Bank of England would obstruct any government attempting to implement an anti status-quo economic policy.

She refers to a 'Bailey premium' in gilts and claims that the British commentariat is too captured or unaware to recognize this dynamic.

Truss has previously blamed the Bank of England’s gilt sales for adding to the taxpayer burden, citing concerns over inflation management in a recent critique. She has also warned that tax policy is prompting wealthy individuals to move capital, impacting national economies, according to a separate statement. The comments reflect Truss’s ongoing criticism of U.K. economic and monetary authorities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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