Monetary Policy

Bank of England “complacent” over inflation threat


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In the Media

IEA report discussed in Pensions Expert

Julian Jessop quoted by the Daily Express

Julian Jessop, Economics fellow at the IEA, has commented on Huw Pill’s prediction that, due to labour shortages and rising prices, inflation could reach 5 per cent by early 2022.

Julian said that the Bank of England’s reassurances that normality will resume next year are “complacent”, and that interest rates may rise going forward as a result of high inflation.

Read the full article here.



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