Almost all the commentary ahead of the Bank of England’s monetary policy meeting at the end of the month has focused on whether interest rates should be cut, or left on hold. In contrast, I would be itching to vote for a hike. There does at least appear to be an emerging consensus that the … Continue reading The Bank of England should be thinking of raising rates, not cutting them
Category: Brexit
Five times the City got it wrong on Brexit
"Buy British, Goldman Sachs tells clients". I had mixed feelings on reading this headline. It’s reassuring that the City is waking up to the prospect of an upturn in the economy next year. Goldman is surely right that clarity on the terms of the UK’s departure from the EU should emerge sooner under a Conservative … Continue reading Five times the City got it wrong on Brexit
What would Boris’ deal mean for the economy?
According to Brexit pessimists, the UK economy is already as much as 3% smaller than it would have been if the UK had voted to remain in the EU, and the deal that Boris Johnson’s government has negotiated could reduce GDP by another 7% over the next ten years. Fortunately, neither of these numbers stands … Continue reading What would Boris’ deal mean for the economy?
Schools presentation on fiscal and monetary policy
Here is a presentation I gave on 9th October at a schools conference for A-level economics students, covering topics such as austerity, fiscal multipliers and quantitative easing... Schools presentation on fiscal and monetary policy 9 Oct 2019
