I’m delighted to be at Fitch, where a lot of my former colleagues have migrated to work over the years. I’ll keep my initial remarks relatively short to save time for a fireside chat and then, most importantly, your questions. My speech today sets out the UK economy in an international context. I am going to focus primarily on how the drivers of inflation compare and contrast in the UK and US and how this impacts my policy stance as a member of the Monetary Policy Committee at the Bank of England. If you knew nothing about the UK or US economies and looked at the market-implied path for interest rates in each—shown ... (full story)