The Institute of Economic Affairs’ Shadow Monetary Policy Committee (SMPC) voted unanimously, 9-0, to hold Bank Rate.

Responding to the Bank of England’s decision to hold interest rates, Julian Jessop, Economics Fellow at the Institute of Economic … Continue reading “Weakness in broad money growth should help keep rates on hold”

With money growth stable, there is no good reason to adjust anything. The Institute of Economic Affairs’ Shadow Monetary Policy … Continue reading “Hold interest rates, says IEA’s Shadow Monetary Policy Committee”

Commenting on the rise in inflation to 2.3% in October, IEA Economics Fellow Julian Jessop said: “UK inflation rebounded a … Continue reading “Jump in inflation should not delay further rate cuts, says Julian Jessop”

Commenting on the Bank of England’s decision to hold the Bank Rate at 5.25%, Julian Jessop, Economics Fellow at the … Continue reading “Bank of England wrong to not cut rates”

Commenting on inflation falling to the Bank of England’s target of 2 per cent in May, Julian Jessop, Economics Fellow … Continue reading “Inflation data makes interest rate cut a lot easier”

FOREWORD TO THE FIRST EDITION (1992) The idea for this book was initially suggested by Chris Tame of the Libertarian … Continue reading “The Experience of Free Banking”

Julian Jessop’s response to the 0.2 per cent growth was quoted by the Daily Express, in its article discussing what … Continue reading “UK growth remains weak”

IEA Director General Mark Littlewood has appeared on talkTV to discuss news that the rate of inflation remained stubbornly high … Continue reading “Stubbornly hard inflation hardly suprising”