BOE’s New Official Faces Grilling on Hedge-Fund Links, Rate View

(Bloomberg) Gertjan Vlieghe, a former hedge-fund economist and the Bank of England’s newest rate setter, this week has a chance to defend his independence and outline his policy view. Just days after the Monetary Policy Committee said weak inflation gives them room to keep interest rates at a record low, Vlieghe’s appearance before lawmakers at 10 a.m. on Tuesday will be closely watched for clues as to how he might vote in future. Still, questions about his previous job at Brevan Howard Asset Management threaten to overshadow his opinions on the economic outlook.

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