A weekend piece in UK media (Telegraph, gated) with the news that BoE Gov. Andrew Bailey has told the Chancellor that he would be "open to a review" of the Bank of England's mandate. This follows prime ministerial contender Liz Truss's criticism of the Bank's approach to inflation.


Any change to the Bank's mandate would be some time off, posting this just to note it.

Truss Sunak PM

Truss & Sunak