Monetary Policy

Brexit naysayers’ “bias towards misery” exposed by economic data


In the Media

Julian Jessop quoted in The Telegraph

In the Media

Emily Carver writes for ConservativeHome

Julian Jessop quoted in The Express

IEA Economics Fellow Julian Jessop has been quoted in The Express commenting on GDP data published by the ONS which indicates 0.5 per cent economic growth in May.

Julian commented:

“It is notable how the economy has held up a lot better than most people expected so far this year, despite all the stuff about the cost of living and the scare-mongering about Brexit.

“There is a bias towards misery as I put it, for different reasons. I mean, obviously some people want to use it next chance to attack the Government. Some people explain it in terms of Brexit, this demonstrates how damaging Brexit has been for the economy.

“But I think if you sort of sit back and look at the numbers, they’re actually nowhere near as bad as some of the headlines have suggested.”

Read the full article here.