Bank of England recognises risks with recent rate rise
7 August 2023
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Lifestyle Economics
15 November 2024
Julian Jessop quoted in The Telegraph
IEA Economics Fellow Julian Jessop has been quoted in a Telegraph piece which shows Huw Pill recognising the economic damage associated with recent rate hikes.
The Telegraph quoted:
“It is already clear there is plenty of disinflation in the pipeline, so they have increased the risks of tipping the economy into an unnecessary recession.
“By the time you realise you have done too much, it is too late because the damage has already been done.”
You can read the full article here.
The Telegraph quoted:
“It is already clear there is plenty of disinflation in the pipeline, so they have increased the risks of tipping the economy into an unnecessary recession.
“By the time you realise you have done too much, it is too late because the damage has already been done.”
You can read the full article here.
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