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Transformation and conjuncture − remarks by Huw Pill
Thanks very much to our hosts at Asia House today. It is a great pleasure to be here and have the opportunity to discuss the outlook for UK monetary policy with such a distinguished group. The monetary policy function at the Bank of England has recently been the subject of a review by ex-Federal Reserve Chair (and Nobel laureate in economics) Ben Bernanke. The results of this review were published as Forecasting for monetary policy making and communication at the Bank of England. The recommendations embodied in this review point to a need for reform: both in how the Bank of England’s Monetary Policy Committee (MPC) ... (full story)
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BOE'S PILL: IT IS WHEN-RATHER-THAN-IF BANK RATE CUTS STILL SEEMS APPROPRIATE.
— FinancialJuice (@financialjuice) July 10, 2024
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BANK OF ENGLAND'S PILL SAYS WE HAVE TO BE REALISTIC ABOUT HOW MUCH ANY ONE OR TWO RELEASES CAN ADD TO OUR ASSESSMENT ON RATES
— First Squawk (@FirstSquawk) July 10, 2024
BANK OF ENGLAND'S PILL SAYS THE LATEST DATA REMAINS CONSISTENT WITH THE VIEW THAT THESE INFLATIONARY PRESSURES HAVE NOW BEEN CONTAINED
BOE'S PILL: THE…
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