Bank of England  

BoE's appointment of former Fed chair for review is 'humiliating'

Speaking on the appointment BoE governor, Andrew Bailey, said: “Dr Bernanke is a renowned and award winning economist whose distinguished career makes him the ideal person to lead this review.

"The UK economy has faced a series of unprecedented and unpredictable shocks.

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"The review will allow us to take a step back and reflect on where our processes need to adapt to a world in which we increasingly face significant uncertainty.”

tom.dunstan@ft.com

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