Tilney Bestinvest: BoE faces 'political backlash' if next round of stimulus fails

Cental banks' credibility could be called into question

Laura Dew
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Tilney Bestinvest: BoE faces 'political backlash' if next round of stimulus fails

The Bank of England could face "political attack" in the next few years, as investors become increasingly dissatisfied with the stimulant effects of monetary policy on the economy, according to Tilney Bestinvest's CIO Gareth Lewis.

Lewis warned current monetary policy has failed to secure an "equitable and sustainable recovery" and has "accelerated the pattern of wealth inequality", which has favoured the so-called wealthy 1%...

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