IEA Featured Media Posts

The Bank of England (BoE) has decided not to rein in it's QE programme and has maintained the current interest rate level despite concerns over rising inflation. Commenting on the BoE's Monetary Policy Committee decision, IEA Economics Fellow, Julian Jessop was quoted in The Telegraph saying: "A prolonged period of above-target inflation would add to ... Continue reading

As inflation continues to rise, Policy Analyst at the IEA, Alexander Hammond, was quoted in The Sun suggesting weekly grocery bills are expected to leap by £2.54 by Christmas. Alex argued: "The Bank of England must immediately stop its obsession with quantitative easing, and we should avoid any tax increases which would put further pressure on ... Continue reading

IEA Economics Fellow, Julian Jessop, was quoted in a City AM long-read article on the effects of QE on the Bank of England's decision whether to raise interest rates as inflation continues to grow. Julian was quoted in the article saying: "The public finances are likely to be in a far better state than if ... Continue reading

Commenting on the latest ONS data on inflation, IEA Economics Fellow, Julian Jessop, was quoted in the Independent saying the Bank of England's quantitative easing (QE) programme should end sooner rather than later. He argued it is "increasingly complacent" to suggest interest rates can remain low whilst Covid support and QE continues in tandem with ... Continue reading

In his bi-weekly column for The Times, IEA Director General Mark Littlewood warned that the era of low-inflation was coming to an end, referencing the 'sheer scale' of money production during the last year. Mark argued: "The entire UK quantitative easing programme has so far amounted to £872 billion, more than half of this money ... Continue reading

IEA Head of Lifestyle Economics Christopher Snowdon was quoted in The Sun, commenting on the latest figures which suggest a sharp rise in inflation. Christopher warned "We have all the ingredients for a bout of inflation", adding: "The only question is whether it will be short and sharp or if it will become a chronic ... Continue reading

The Shadow Monetary Policy Committee has written a letter to the editor of the Financial Times, expressing their concern at the quantity of money in the UK economy- warning the Bank of England about the risks of increasing inflation. The Committee wrote: "We fear that inflation above 5 per cent is likely at some point ... Continue reading