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Haskel: Recent UK monetary policy in a changing economy
Good afternoon, and thank you for having me. It’s a pleasure to be here at the Bank of Israel. I have had the privilege to be a member of the Monetary Policy Committee at the Bank of England for the last four years, which has been an economically eventful period. But in some ways the old subjects keep coming back, not least the importance of raw material price rises. You will not be surprised therefore that the latest Monetary Policy Report (the quarterly document issued by the Bank with the latest inflation forecast) cites the work of former Bank of Israel governor, Michael Bruno. I met Michael when I was a ... (full story)
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BOE'S HASKEL: IT'S IMPORTANT THAT MONETARY POLICY MAINTAIN ITS RESOLVE IN THE FACE OF THE THREAT OF ONGOING INFLATIONARY PRESSURE.
— Breaking Market News (@financialjuice) November 11, 2022
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BOE'S HASKEL: RECENT INDICATIONS SUGGEST THAT THE UK IS ALREADY SLOWING DOWN.
— Breaking Market News (@financialjuice) November 11, 2022
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BOE'S HASKEL: THE CONCERN FOR ME IS THE POSSIBILITY THAT IF PRICE INCREASES BECOME EMBEDDED, MONETARY POLICY WILL HAVE TO BE TIGHTER FOR A LONGER PERIOD OF TIME.
— Breaking Market News (@financialjuice) November 11, 2022