UK Monetary Policy: Good for Business? - speech by Andrew Sentance

In a speech to an audience hosted by Dow Jones, Andrew Sentance – external member of the Monetary Policy Committee – talks about some key issues relating to the impact of monetary policy on business, drawing both on his recent experience as a policy-maker and his two decades working as a business economist.
Published on 10 July 2007

In the speech, he discusses the current business attitude to monetary policy, which he believes is strongly supportive of the present framework based on an independent central Bank targeting low inflation. Sentance argues that this support flows from the experience of low and stable inflation and the greater stability in the real economy that has resulted.

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