It is a great pleasure to join you this morning for this year’s ICAEW annual conference. Thanks in particular to the Institute’s chief economist Suren Thiru for the invitation to speak, and to him and his team for all their constructive engagement with the Bank of England (BoE) over the past year. We find that interaction invaluable. * * * While I doubt it was chosen with this in mind, the theme of this year’s conference – Thriving in Transformation – is particularly apposite for those of us involved in the conduct of monetary policy at the BoE. In light of the recent Bernanke review of the Monetary Policy Committee ... (full story)