Wednesday, October 11, 2017

Forbes: Bank of England -- Not Just Any Old Central Bank

By SIMON CONSTABLE
It is a curious thing that while the Federal Reserve (Fed) garners much hatred in the U.S., the same is not true of the Bank of England (BoE.) Both are, of course, two of the most important central banks in the world. But maybe the sour view of the Fed comes from American animus toward all central banks.
Whatever the reason the Bank of England holds a special place in the psyche of Britons. That fondness is no doubt enhanced by the majestic building in which it sits at the heart of London's financial district.
Its story is detailed in Till Time's Last Sand; A History of the Bank of England 1694-2013 by David Kynaston, and is set to publish in the U.S. in November. In Britain, it was out in September under the same title. Read more here.


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