23 March 2017 Moving the interest rate goal posts The Bank of England has forgotten its mandate by Frank O’Nomics The Monetary Policy Committee of the Bank of England sets UK interest rates with a view to keeping inflation close to 2% over the medium-term. If inflation is forecast to exceed this target at a… Continue reading Issue 97: 2017 03 23: Moving the interest rate goal posts(Frank O’Nomics)
Tag: Shadow MPC
Issue 63:2016 07 21: Tantric Central Banking (Frank O’Nomics)
21 July 2016 Tantric Central Banking Dithering over rate moves hides a fundamental impotence. by Frank O’Nomics Yet again the Governor of the Bank of England has strongly hinted at a change to monetary policy and has failed to follow-through. Following at least 3 occasions when he seemed to be preparing markets for an interest… Continue reading Issue 63:2016 07 21: Tantric Central Banking (Frank O’Nomics)
