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

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.”

Download speech

Download press release