2010: A progress report - speech by Spencer Dale

In a speech made at the Kent Business School, Spencer Dale - member of the Monetary Policy Committee and Chief Economist - reflects on events of the past year and what they herald for the future.
Published on 01 December 2010

His 'progress report for 2010' focuses on two key issues: how much comfort should we take from the recovery so far and what factors are likely to determine its future vigour; and to what extent are the Bank's new responsibilities for macroprudential policy likely to address the "missing instrument" problem exposed by the financial crisis.

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