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
Tag: interest rates
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
Bank of England needs to act now to curb inflation risks
The Bank of England may finally be ready to take the foot off the accelerator – at last. The latest economic data already seem to have persuaded some members of the Monetary Policy Committee (MPC) that the time to scale back the emergency stimulus is fast approaching. I think this should start at the August … Continue reading Bank of England needs to act now to curb inflation risks
Think! presentation on Covid and the value of a human life
Here are the slides from a talk I gave on 12th June at the IEA Think! Conference... covid-and-the-value-of-human-life-think-presentation-12-june-2021-2Download
Plain-speaking Economics 