Commenting on the latest inflation data, Economics Fellow at the Institute of Economic Affairs Julian Jessop said: “The small fall … Continue reading “Reassuring news on UK inflation should allow more rate cuts”

The Bank of England’s (BoE) decision on 1 August to cut interest rates by 25 basis points, reducing Bank Rate … Continue reading “Is the “New Great Inflation” over? (And if so: what happens next?)”

It’s hard to add much to the debate over whether or not the Bank of England (BoE) should cut its … Continue reading “Is there any case for negative interest rates?”

The Bank of England’s stewardship of the banking system has “turned out to be a disaster, again” say Kevin Dowd … Continue reading “UK banks in “fragile state” as Covid crisis beckons, says new IEA research”

Summary The Bank of England maintains that UK banks are strongly capitalised. The evidence from banks’ share prices and market … Continue reading “How strong are British banks?”

As the UK economy enters the COVID-19 downturn, the Bank of England (BoE) continues to maintain that the UK banks … Continue reading “To make banks strong, do away with the regulator”

The Bank of England is likely, though not certain, to raise its official interest rate on Thursday. Many commentators think … Continue reading “Why it would be wrong to blame a rate hike on Brexit”

It is important for any expert to know their limits. It could be argued that economists ‘oversell’ themselves and pretend … Continue reading “Economists – know your limits!”

The financial crash knocked some of the stuffing out of the economics profession, though you wouldn’t know it given the … Continue reading “It’s time for diversity (in the unfashionable sense) at the Bank of England”