A further interest rate rise would risk damaging the UK’s fragile economy and is unnecessary to tackle inflation The IEA’s … Continue reading “Abandon interest rates rises, says Shadow Monetary Policy Committee “

At the July video conferencing meeting of the IEA’s Shadow Monetary Policy Committee (SMPC), the vote was seven to two … Continue reading “Shadow Monetary Policy Committee votes 7 to 2 to raise Bank Rate in July”

At its April 2021 meeting, once again by video conferencing, the Shadow Monetary Policy (SMPC) voted by seven votes to … Continue reading “Shadow Monetary Policy Committee votes seven votes to two to hold Bank Rate in May”

Warns of upside risks to inflation, arising from a post-COVID boom In its meeting of 12th January 2021, held by … Continue reading “Shadow Monetary Policy Committee votes unanimously to Hold Bank Rate in February”

In its meeting of 14th July 2020, held by video-conference due to ongoing COVID-19 restrictions, the Shadow Monetary Policy Committee … Continue reading “SMPC votes unanimously to Hold Bank Rate in August”

In its April 2020 poll, held via video conference, the Shadow Monetary Policy Committee (SMPC) elected, by a vote of … Continue reading “SMPC votes Nine / Nil to Hold Bank Rate in May”

In January 2020, the Shadow Monetary Policy Committee (SMPC) voted by six votes to three to keep Bank rate at … Continue reading “SMPC votes Six / Three to Hold Bank Rate in January”

At its final meeting of 2019, the Shadow Monetary Policy Committee (SMPC) voted by eight votes to one to keep … Continue reading “SMPC Votes Eight/One to Hold Bank Rate in November”

An email poll of members of the Shadow Monetary Policy Committee (SMPC) carried out in late August, and early September … Continue reading “SMPC votes Six / Three to Hold Bank Rate in September”