Small is beautiful but big is necessary - speech by Minouche Shafik

Speech given at Bloomberg's Markets Most Influential Summit.
Published on 28 September 2016

In the speech Minouche considers the coordination and impact of recent wide-ranging decisions by our policy committees, and the outlook for further stimulus. She concludes that while monetary policy can help the process of adjustment following the referendum, it is not the complete answer.

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Minouche Shafik

Deputy Governor, Markets & Banking from August 2014 to February 2017

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