Yesterday the IFS set out a bleaker view for the economy and public finances in its Green Budget, which is published every year in the run-up to the Chancellor’s Budget Statement. Given the gloomy projections, let’s hope the government takes note, especially with regard to the fiscal mandate….Read more…
What is the future of monetary policy?
This morning I went to a Resolution Foundation event about the future of monetary policy. Although I cannot claim to be an expert, having listened to the views of the panel I thought I’d make some reflections. The story of recent monetary policy During the Global Financial Crisis, the Bank of…Read more…