Shadow Monetary Policy Committee warns of rising inflation
Mark Littlewood writes for The Times
Financial Times letter to the editor: Shadow Monetary Policy Committee
The Committee wrote: “We fear that inflation above 5 per cent is likely at some point in the next few years. We judge that the MPC’s decision in November 2020 to embark on another round of quantitative easing, to the tune of £150bn, has proved particularly responsible for the current excessive money growth“.
Read the full letter here.