Posen to leave Bank of England’s MPC
The Bank of England (BoE) today (May 18) revealed Adam Posen is set to leave the Monetary Policy Committee (MPC) at the end of his three-year term on August 31. He will become the next president of the Peterson Institute of International Economics, a private, non-profit research institution in Washington, DC following his departure from the bank.
Posen has built a reputation for being outspoken and for taking a dovish stance on monetary policy since joining as an external member of the MPC in
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