Monetary Policy - A Perpetual Dilemma? - speech by Kate Barker

On the first, she argued that: "It is difficult to construct a clear argument at the macroeconomic level that the balance of the economy over the past five years has been inimical to the UK's growth rate over the medium-term. And, even if that were a concern, no viable alternative monetary policy was available over the past few years which would have produced a better result even for the traded sector."

Press release