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 5 May 2022 by Adam Corlett and Jonathan Marshall and James Smith 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… Continue Reading
Events Taking the right path Where does monetary policy go in a low rate, high inflation, unstable economic environment? Monday 9 May 2022 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… Continue Reading
Events From Covid to conflict New economic policy challenges for an uncertain world Thursday 28 April 2022 Register to attend in person or receive access link for remote viewers. The worst of the Covid-19 pandemic may be behind us. But new challenges have emerged. From rising inflation… Continue Reading
Events Coronanomics: Challenges facing monetary policy makers Monday 30 November 2020 The financial crisis led central banks around the world to push interest rates to historic lows and print money in order to purchase assets on a vast scale. Does this… Continue Reading
Publications Easing does it Economic policy beyond the lockdown 7 July 2020 by Laura Gardiner and Jack Leslie and Cara Pacitti and James Smith Having weathered the first wave of the coronavirus economic storm, the task now facing the country is how to reopen, revive, and rebuild our economy while the virus remains with… Continue Reading
Publications Optimism in a time of coronavirus While undoubtedly gloomy, today’s Monetary Policy and Financial Stability Reports from the Bank of England envisage little lasting damage to the economy or financial system 7 May 2020 by Jack Leslie and James Smith Today the Bank of England’s Monetary Policy Committee provided its first major assessment of the impact of coronavirus on the economy. The MPC envisage growth this year to be the… Continue Reading
Publications Helicopters on standby? With rates at all-time lows, the Bank of England needs a different playbook for this crisis 26 March 2020 by James Smith and Tony Yates With a big recession on the way, the Bank of England’s Monetary Policy Committee would normally be unveiling measures to support the economy today, and this piece would be discussing… Continue Reading
Publications The beginning of the end… …but not the end of the beginning Governor Carney’s valedictory speech discusses the future of the UK’s monetary policy remit – but this is just the start of an important debate 10 January 2020 by James Smith and Tony Yates The beginning of the end… After several false starts, the appointment of his successor (Andrew Bailey) means Mark Carney finally has a leaving date (15 March). He can now concentrate… Continue Reading
