Monetary Policy

BofE risks interest rate overcorrection


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In the Media

Christopher Snowdon quoted in The Sun

In the Media

Christopher Snowdon quoted in The Scottish Express

Julian Jessop quoted in The Express

IEA Economics Fellow Julian Jessop has been quoted in The Daily Express warning the Bank of England to allow the economy to adjust to recent interest rate hikes before considering further increases.

The article said:

“The BoE is overdoing things in a bid to restore its lost credibility, said Julian Jessop, economics fellow at The Institute of Economic Affairs. ‘The full impact of previous rate increases has yet to be felt and there are still good reasons to expect inflation to fall sharply over the remainder of the year’.”

Read the full article here.

Julian’s comments were also quoted in Business Telegraph and Cryptopolitan.