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UK's Hammond names LSE economist Tenreyro as new BoE policymaker

Reuters  |  LONDON 

LONDON (Reuters) - British finance minister Philip Hammond has appointed Silvana Tenreyro, a London School of Economics academic, as a new external member of the Bank of England's interest rate-setting Monetary Policy Committee, the finance ministry said on Monday.Tenreyro's work has focused on issues including trade and wage growth, both of which are important factors for the BoE's thinking as Britain prepares to leave the European Union and as pay increases have fallen behind inflation.Tenreyro was one of 280 economists who signed a public letter which said it would be a "major mistake" for ...

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First Published: Mon, June 19 2017. 17:23 IST