A letter to Andrew Bailey
Jagjit Chadha warns the Bank of England governor not to let markets take control
Andrew Bailey
Governor
Bank of England
Threadneedle Street
London EC2R 8AH
Dear governor
No-one can say that the three years and three months since you became governor have been easy ones for the economy. We have had a global pandemic, supply chain disruptions, a war on the continent of Europe and all in the shadow of a botched Brexit that has amplified the impact of these shocks. Over this period, fiscal policy has been directed at providing a cushion to households and firms, and accordingly
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