Monetary policy expectations and long term interest rates - speech by Gertjan Vlieghe

Speech given at the London Business School.
Published on 19 May 2016

In a speech to the London Business School today, external MPC member Gertjan Vlieghe, explores the reasons for low long-term interest rates. “Long-term interest rates play an important role in monetary policy. They are a key part of the transmission mechanism, via which monetary policy affects the wider economy. And they contain useful information about expected future policy rates and expected future inflation.”

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