Shadow Monetary Policy Committee Votes 7 to 2 to Raise Bank Rate in July

2021 ◽  
Author(s):  
Julian Jessop ◽  
Trevor Williams ◽  
Andrew Lilico
Keyword(s):  
Monetary Policy ◽  
Bank Rate ◽  
Monetary Policy Committee ◽  
Policy Committee

The UK Economy: Forecast Summary

2016 ◽  
Vol 238 ◽  
pp. F3-F3
Keyword(s):  
Monetary Policy ◽  
Disposable Income ◽  
List Type ◽  
Price Inflation ◽  
Bank Rate ◽  
Monetary Policy Committee ◽  
Near Term ◽  
Article 50 ◽  
The Uk ◽  
Policy Committee

The economy will grow 2 per cent in 2016 before slowing to 1.4 per cent in 2017: with the triggering of Article 50 there are downside risks to next year's outlook.Consumer price inflation will accelerate, peaking at around 4 per cent in the second half of 2017, and this will impact on real disposable incomeThe Monetary Policy Committee is expected to look through this near-term inflation and hold Bank Rate at ¼ per cent until 2019.Sterling is expected to remain at around $1.22 and €1.11 this year and next.

scholarly journals Monetary policy committee size and inflation volatility

2010 ◽  
Vol 7 (4) ◽  
pp. 411-421 ◽  
Author(s):  
Szilard Erhart ◽  
Harmen Lehment ◽  
Jose L. Vasquez Paz
Keyword(s):  
Monetary Policy ◽  
Inflation Volatility ◽  
Monetary Policy Committee ◽  
Policy Committee

Selecting Your Inflation Targeters: Background and Performance of Monetary Policy Committee Members

2011 ◽  
Vol 12 (2) ◽  
pp. 223-238 ◽  
Author(s):  
Etienne Farvaque ◽  
Piotr Stanek ◽  
Hakim Hammadou
Keyword(s):  
Monetary Policy ◽  
Size Effects ◽  
Inflation Targeting ◽  
Economic Cooperation ◽  
Policy Makers ◽  
Monetary Policy Committee ◽  
Monetary Policy Committees ◽  
And Performance ◽  
Policy Committee

Abstract This paper starts by describing the composition of monetary policy committees (MPCs) in inflation-targeting and non-targeting countries. The experience of MPC members on their inflation performance is then compared, opposing inflation targeters with non-targeters. Our sample covers the major Organization for Economic Cooperation and Development countries, in the period 1999-2008. Our results first show that MPCs are different in inflation-targeting (versus non-targeting) countries. They also reveal that policy-makers’ backgrounds influence inflation, and that the influence of MPCs’ experience is much greater in inflation-targeting countries, while size effects are more important for committees that do not target inflation.

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