Reacting to the Bank of England’s MPC’s decision to hold interest rates, Julian Jessop, Economics Fellow at the Institute of … Continue reading “Bank of England stands firm against inflation risks”

Commenting on the Bank of England’s decision to hold interest rates, Julian Jessop, Economics Fellow at the Institute of Economic … Continue reading “Bank of England remains in the slow lane on rate cuts”

At its quarterly (hybrid) meeting on 13 January 2026, the Shadow Monetary Policy Committee (SMPC), hosted by the Institute of Economic Affairs … Continue reading “SMPC Votes to Cut UK Base Rate by 25bps”

Responding to the Bank of England’s rate announcement, Julian Jessop, Economics Fellow at the Institute of Economic Affairs said: “The … Continue reading “Pre-Christmas rate cut is little to cheer”

The index published in Economic Freedom of the World 2025 measures the degree to which people in 165 jurisdictions around the globe are allowed to make their own economic choices. In the year with the most recent data (2023), the most-economically free jurisdictions were Hong Kong (1st), Singapore (2nd), New Zealand (3rd), Switzerland (4th), the United States (5th), Ireland (6th), Australia and Taiwan (tied for 7th), Denmark (9th), and the Netherlands (10th).

For decades, central bankers have dismissed monetary aggregates — measures of total money in circulation, such as M4 in the … Continue reading “Elon Musk, the accidental monetarist?”

Introduction: The Great Inflation The inflation which followed the Covid lockdowns is widely attributed to the disruption of supply caused … Continue reading “The Cost of Quantitative Tightening”

This article was first published on the Institute of Economic Affairs Substack. Wherever Central Bank Digital Currencies (CBDCs) have been attempted, … Continue reading “Quick Read: How popular are central bank digital currencies?”

Responding to the Bank of England’s decision to cut interest rates to 4.25%, Julian Jessop, Economics Fellow at the free … Continue reading “Lack of groupthink at the Bank of England is something to cheer”