The Bank of England does not care
Friday, April 19th, 2024This tweet was published by the Equality Trust (whose work I recommend) yesterday: The overwhelmingly clear message is that the rate of inflation for those
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The IMF really needs to work out in whose interests the world economy should be run
Friday, April 19th, 2024The IMF has been sending out some very confused signals from its spring meeting, being held in Brazil this week. If I have read the
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A 3% inflation target would work just as well as a 2% one
Thursday, April 18th, 2024I just posted this video on YouTube and elsewhere. As I note, a 3% inflation target would work just as well as a 2% one
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The young, the poorest and the most financially vulnerable are bearing the burden of the Bank of England’s folly
Thursday, April 18th, 2024Inflation might be lower. But some things are still shooting upward in price, entirely as a result of the reckless interest rate increases that were
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Inflation data confirms that the Bank of England is still driving us towards recession. Labour should take note.
Wednesday, April 17th, 2024As the Office for National Statistics has noted this morning when announcing inflation data for March: Main points The Consumer Prices Index (CPI) rose by
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Markets might use the risk of war as excuse for another bout of profiteering.
Wednesday, April 17th, 2024My discussion on the economics of war yesterday appears to have been timely. Everyone now seems to be addressing the issue. Martin Wolf had a
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Are those calling for more defence spending simply trying to stoke inflation?
Tuesday, April 16th, 2024According to historian Niall Ferguson, we are, apparently, incredibly close to the onset of World War III. There is a land war in Ukraine. There
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Why do we give the Bank of England so much power?
Tuesday, April 16th, 2024Andy Haldane’s contribution to public debate since leaving the Bank of England has not been as significant as I think many hoped it might be
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Labour's going to have very big problems with the Bank of England
Thursday, April 11th, 2024Megan Greene, who is an external member of the Bank of England Monetary Policy Committee and, as such, one of the people responsible for setting
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