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About LinkBacksThe FED has been getting a lot of bad press over the years, but technically isn't the BoE a British Federal Reserve?
January 19th, 2012, 03:15 PM
The FED has been getting a lot of bad press over the years, but technically isn't the BoE a British Federal Reserve?
Yes, they are both central banks (I assume BoE = Bank of England).
The BoE used to be a branch of government but was given its independence by the last Labour government.
Yes, the Bank of England. I'm guessing then the fundamental reason Britain refuses to join the EU is the BoE?
No. The BoE has no say in the matter. It is purely a political and economic matter.
Like debt?
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