The Institute of Economic Affairs’ Shadow Monetary Policy Committee voted to reduce the Bank rate from 4.5% to 4% In … Continue reading “Shadow Monetary Policy Committee votes eight to one to cut bank rate”

Contents Summary The existing monetary framework of the Bank of England fails to manage supply-side shocks and financial crises effectively, … Continue reading “Rethinking Monetary Policy”

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 data showing that the rate of inflation fell below the 2% target for the first time in three-and-a-half … Continue reading “Bank of England should step up the pace of rate cuts”

From 19 to 23 August, The Institute of Economic Affairs and the Adam Smith Institute organised their annual Freedom Week … Continue reading “Freedom Week presentations: The Denationalisation of Money”

IEA Economics Fellow Andrew Lilico has been quoted in The Daily Mail arguing that the Bank of England has kept … Continue reading “Bank of England Has Been ‘Too Slow’ to Cut Interest Rates”

The Bank of England’s (BoE) decision on 1 August to cut interest rates by 25 basis points, reducing Bank Rate … Continue reading “Is the “New Great Inflation” over? (And if so: what happens next?)”

Commenting on July’s inflation figures which show a 0.2 percentage point increase in the rate of inflation to 2.2%, Andrew … Continue reading “Inflation figures show Bank of England has been too slow to cut rates”

IEA Economics Fellow Julian Jessop has been quoted in The Daily Express commenting on reports that the Chancellor plans to … Continue reading “Government ‘Needs to Tread Carefully’ on Fiscal Rules”