Andrew Sentance argues that the United Kingdom's experience of the financial crisis and its aftermath has challenged both the view that monetary policy can keep economies on a steady growth and low inflation track at all times and the notion of a simple trade-off between growth and inflation. He argues that the openness of the UK economy to international trade and investment means that "...the international dimension is a key ingredient to the setting of UK monetary policy".
Published on 24 January 2011
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Minutes of the Wholesale Distribution Steering...
Minutes of the Wholesale Distribution Steering Group - October 2019
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