Monetary Policy

Falling inflation welcome, but two per cent target still a long way off


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In the Media

Prof. Len Shackleton quoted in The Telegraph

Education

Annabel Denham writes in CapX

Julian Jessop quoted in The Express

IEA Economics Fellow Julian Jessop has been quoted in The Daily Express responding to November’s inflation figures, which saw the headline rate decline from 11.1 per cent to 10.7 per cent.

Julian said:

“The dip in the headline rate of UK inflation is obviously welcome. But there is still a long way to go even to get close to the Bank of England’s two per cent target.

“Food price inflation is also still rising, which is a particular worry for low income households.”

The full article can be read on page eight of The Express (15/12/2022)



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