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Macroeconomic policy


Macroeconomic policy – like the interest rates set by the Bank of England, or the level of spending and taxes set by the Government – affect the overall level of economic activity, and so have an impact on living standards across the board. Such policies play a crucial role in reducing the damage caused by recessions. And this is particularly important for those on low to middle incomes who are often particularly badly affected by a severe economic downturn. Our work seeks to contribute to a better-informed and more inclusive macroeconomic policy debate.

Contacts

James Smith

James Smith

Research Director
T: 0203 372 2953
E: james.smith@resolutionfoundation.org

Jack Leslie

Senior Economist
E: jack.leslie@resolutionfoundation.org
Publications

Slower for longer

The Bank of England tightens monetary policy again and warns that the outlook is bleak

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The Bank of England today unveiled the biggest rise in interest rates since 1995 along with plans to bring down the stock of Quantitative Easing (QE) by £80 billion over…
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Publications

In the dread of winter

Prospects for inflation in the coming months ahead of the Bank of England’s Monetary Policy Report

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In the face of the highest inflation rate for 40 years, many are predicting that the Bank of England will announce the largest interest rate rise in 27 years this…
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Publications

As good as it gets?

The forces driving economic stagnation and what they mean for the decade ahead

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With inflation at levels not seen since the early 1980s, it is clear that the UK is in the midst of a huge hit to real incomes. But the seeds…
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Events

Monetary policy in troubled times and beyond

Valedictory speech by MPC Member Michael Saunders

Having taken more of a backseat in the economic policy response to the pandemic, monetary policy is back centre stage as central banks around the world grapple with the highest…
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Publications

Cap off

Understanding the April 2022 inflation release

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Inflation reached a 40-year high in April off the back of a sharp rise in energy bills and the highest food price inflation in a decade. These recent drivers of…
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Publications

Crunch time

Bank of England raises rates again and signals cost of living crisis is set to deliver a £1,200 hit to incomes

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Today the Bank of England’s Monetary Policy Committee raised rates at a fourth successive meeting – a first in the 25 years since it was granted independence – to 1…
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Events

Taking the right path

Where does monetary policy go in a low rate, high inflation, unstable economic environment?

The Resolution Foundation and the Money, Macro and Finance Society are co-hosting a new series of events to dive into the big economic challenges we face as we recover from…
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Events

Together we stand, divided we fall?

Is multilateral policy making equipped for the global economic challenges we face?

The Resolution Foundation and the Money, Macro and Finance Society are co-hosting a new series of events to dive into the big economic challenges we face as we recover from…
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