Economy 2030· Monetary policy· Fiscal policy· Macroeconomic policy Riding the economic rollercoaster Is Britain’s macroeconomic policy framework fit for purpose? Thursday 19 October 2023 …for monetary policy effectiveness and inflation targeting? Can the Treasury repeat the likes of furlough or caps on energy prices when the next crisis hits? And would it take to… READ MORE
Monetary policy· Macroeconomic policy Macroeconomic Policy Outlook: Q3 2022 10 October 2022 by Jack Leslie and Krishan Shah and James Smith …it is affected by compositional effects related to the pandemic, including from the furlough scheme which added around 1 percentage point to wage growth in Q1 2022. Total pay growth… READ MORE
Monetary policy· Macroeconomic policy Macroeconomic Policy Outlook: Q1 2022 4 March 2022 by James Smith …economy. One counter to this is that the fall in the deficit includes the withdrawal of emergency measures only appropriate during lockdown (for example the end of the furlough scheme)…. READ MORE
Monetary policy· Macroeconomic policy What goes down must come up The Bank of England becomes the first major central bank to raise rates but impact will be small with fiscal policy key to Omicron response 16 December 2021 by Jack Leslie and James Smith …recent months has been very positive with the success of the Government’s furlough scheme limiting the impact of the pandemic in terms of rising overall unemployment. Unemployment has repeatedly surprised… READ MORE
Covid-19· Monetary policy· Labour market Recovering from long Covid Understanding the pandemic’s labour market legacy Thursday 18 February 2021 …rising unemployment and long lasting furlough means an unprecedented number of people who have done little to no work in nearly a year. Previous recessions have taught us the impact… READ MORE
