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The MPC: Some Further Challenges - speech by Sushil Wadhwani
In a speech to be delivered at the National Institute of Economic and Social Research Governors' Seminar, Dr Sushil Wadhwani, Member of the Monetary Policy Committee at the Bank of England discusses some further challenges that are likely to confront policymakers.
Published on
16 May 2002
The new system appears to have made an encouraging start so far with inflation expectations having come down at a time when unemployment has continued to fall. The combination of steady growth and low inflation witnessed in recent years would have been the envy of previous generations of policymakers.