UK Exchequer Reeves on central bank independence

In the United States, there's been a well publicized feud between the president of the United States and the chairman of the Federal Reserve Board. And in effect, the president is saying, "I should have more influence on what interest rates are." Uh, would it ever occur to the chancellor of the ex-checker to tell the head of the bank of England, lower interest rates, or you just don't do that in this country. >> No.Since 1997, actually, um, the the previous Labour chancellor Gordon Brown granted operational ...