Untouched interest rates would risk recession
2 November 2023
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Energy and Environment
In the Media
Economic Theory
11 November 2024
Trevor Williams quoted in the Guardian, the BBC, and The i
Trevor Williams, joint chair of the IEA’s shadow monetary policy committee, has been quoted in the Guardian, urging the Bank of England to cut interest rates.
Trevor said:
“A quarter-point cut to 5% is needed.
“There is mounting evidence that the UK’s monetary policy is too tight and could lead to price deflation in a few years and potential recession in the interim.”
Read the full article here.
Trevor’s comments were also quoted in the BBC and The i.
Trevor said:
“A quarter-point cut to 5% is needed.
“There is mounting evidence that the UK’s monetary policy is too tight and could lead to price deflation in a few years and potential recession in the interim.”
Read the full article here.
Trevor’s comments were also quoted in the BBC and The i.
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