Ouch! It looks increasingly likely that the headline measure of consumer price inflation is going to start with a '9' in April...
Category: Monetary policy
Schools presentation on the economic outlook
Here are the slides from a talk I gave this lunchtime to sixth-form students interested in economics and finance... global-economic-overview-21-february-2022Download
Bank of England gets it right
The Bank of England’s Monetary Policy Committee has decided that continued inaction this month in the face of soaring inflation would do far more damage in the longer term than a small increase in UK interest rates now. The Bank has also ended the expansionary phase of ‘quantitative easing’. The MPC voted to maintain the … Continue reading Bank of England gets it right
Bank of England needs to act now to tame the inflation tiger
It’s not often I agree with the International Monetary Fund (IMF), but their latest warnings on the risks of inaction from the Bank of England could not have been more timely. The jump in consumer price inflation to 5.1 per cent in November has already taken it well above the figure of 4.5 per cent … Continue reading Bank of England needs to act now to tame the inflation tiger
Plain-speaking Economics 