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Money and Credit, Twelve Months On - speech by Paul Tucker
In remarks at the Money, Macro and Finance Research Group 40th Annual Conference in London, Paul Tucker - Executive Director, Markets and member of the Monetary Policy Committee - reiterated the MPC's commitment to low inflation in the medium-term, and the need for inflation expectations to be anchored.
Published on
12 September 2008
He says, "Success in anchoring inflation expectations in line with the target will give us more scope over time to cushion the economy from the adverse shocks to growth - which of course we would want to do when we can, consistent with medium-term stability".
Press release