Bank of England ‘Too Slow to Cut Rates’
22 March 2024
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In the Media
Economics
Matthew Lesh quoted in The i
25 March 2024
Economic Theory
11 November 2024
Julian Jessop quoted in The Times
IEA Economics Fellow Julian Jessop has been quoted in The Times responding to the Bank of England’s decision to hold interest rates at 5.25%. He did, however, note that the Bank is warming to cutting rates, possibly as soon as this summer.
Julian said:
“The Bank has been too slow to cut rates. The big picture is still that monetary policy is too tight. Nonetheless, the shift in tone today is important.”
Read the full article in The Times (22/03/2024, p.34).
Julian was also quoted in The Daily Telegraph, Yahoo!, The Daily Mail (Print), This Is Money, MSN, AOL, Mahalsa, The Guardian, Commercial Trust, and WIREDGOV.
Read Julian’s full comment here.
Julian said:
“The Bank has been too slow to cut rates. The big picture is still that monetary policy is too tight. Nonetheless, the shift in tone today is important.”
Read the full article in The Times (22/03/2024, p.34).
Julian was also quoted in The Daily Telegraph, Yahoo!, The Daily Mail (Print), This Is Money, MSN, AOL, Mahalsa, The Guardian, Commercial Trust, and WIREDGOV.
Read Julian’s full comment here.
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