Former pensions minister savages Mark Carney over bank boss’s ‘FAILED monetary experiment’


The pensions expert attacked the Bank of England"s monetary policy, claiming Carney"s decision to reduce interest rates has ravaged the pockets of savers and pensioners.

Talking on Newsnight, Baroness Altmann: "I do feel that this policy of continually pushing interest rates down, printing new money to buy Government bonds, has ignored very damaging side effects that that policy itself has.

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