BoC sees room to improve central bank committees
"England's central bank best fits the bill, [author Philipp] Maier says, with a committee made up of not just central bankers, but also academics and business representatives. As well, the committee is not dominated by its governor, who actually was on the wrong end of a vote to cut interest rates in 2005."
"Maier lauds the Bank of Japan's habit of shifting its speaking order for every meeting, but he criticizes the diversity of the committee, noting that it is entirely staffed by central bankers," the article says.
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