ECONOMICS
MONETARY POLICY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rishi Sunak
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Mark Carney
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Andrew Bailey
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Dominic Raab
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Detailed explanation-1: -Andrew Bailey | Bank of England.
Detailed explanation-2: -Governor of the Bank of England Andrew Bailey has talked down expectations that the central bank is readying to pause or pivot rate hikes.
Detailed explanation-3: -Member, House of Lords; Former Governor, Bank of England Born in 1948, Mervyn King studied at King’s College, Cambridge, and Harvard (as a Kennedy Scholar) and taught at Cambridge and Birmingham Universities before spells as Visiting Professor at both Harvard University and MIT.
Detailed explanation-4: -Bailey’s predecessor, Carney, had a reputation for being something of a martinet, not unlike Eddie George, governor when the Bank was granted independence by Labour after the 1997 election.