Why Central Banks Care About the Bank of England

Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates · Aug 23, 2026 · 12m · transcript

Central banks are often discussed in abstract terms, but this episode zooms in on one institution: the Bank of England. We explore its unique history — from its founding in 1694 to its role as the world's first modern central bank — and how its structure has shaped monetary policy around the globe. We look at the Bank's dual mandate, its approach to quantitative easing (it was early to the game), and the challenges it faces with inflation and post-Brexit economic adjustments as of August 2026. Along the way, we compare its independence to that of the Federal Reserve and the European…