Reproaches from the Past
Peter Clarke: Gordon Brown, 1 April 2004
The Prudence of Mr Gordon Brown
by William Keegan.
Wiley, 356 pp., £18.99, October 2003,0 470 84697 6 Show More
by William Keegan.
Wiley, 356 pp., £18.99, October 2003,
“... to expect a politician to take unpopular decisions to raise rates? That is how it struck Alan Greenspan, the chairman of the Federal Reserve Board, when his advice was sought by Brown and Balls. The uncomplaining Fed had long been given that job in the US, just as the Bank was now to be saddled with the dirty work here. It should be noted that ... ”