BoE’s interest rates rise is inadequate
6 May 2022
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Julian Jessop comments for City AM
Julian Jessop, IEA Economics Fellow, has commented for City AM on the Bank of England’s decision to raise interest rates by 1%.
Julian argued that the rise was the “bare minimum” and that it is “not enough” to tackle inflation.
“Macroeconomic policy is now in an even bigger mess. Fiscal policy is too tight and monetary policy is too loose, increasing the risks of stagflation”.
Read the full article here.
Julian argued that the rise was the “bare minimum” and that it is “not enough” to tackle inflation.
“Macroeconomic policy is now in an even bigger mess. Fiscal policy is too tight and monetary policy is too loose, increasing the risks of stagflation”.
Read the full article here.
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