Monetary Policy

British public paying the price of higher interest rates


In the Media

IEA Research quoted in Conservative Home

In the Media

IEA research quoted by Investors Chronicle

IEA research quoted by Business Leader

The IEA has been quoted by Business Leader in their article explaining how the Bank of England’s recent rate hike will do more harm than good to the UK economy because of the Bank’s previous slow calls to action.

Business Leader wrote:

“Last week the Trades Union Congress and the Institute of Economic Affairs, which don’t often agree on things, have been urging the BoE to keep the base rate at 5%, calling out the “reckless interest rate increases that have left the UK teetering on the brink of recession.”

You can read the full article here.