The Traderszone Network

Published in TZ Latest News 5 December, 2016 by The TZ Newswire Staff

Mark Carney Defends The Bank of England: "We Are Not Robbing The Poor To Pay The Rich"

In a speech delivered at the Liverpool John Moores University on Monday, Bank of England head, and former Goldman partner, Mark Carney defended his central bank’s near-zero borrowing costs which have been increasingly criticized by local politicians ever since the Brexit vote, claiming that central bank monetary policies have not been the cause behind wealth transfer.

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