
Why the Bank of England Should Target Growth
Aug 10, 2018 calls for a dual mandate for monetary policy in the wake of a surprising interest-rate increase.
Linda Yueh is Fellow in Economics at St Edmund Hall, University of Oxford, and Adjunct Professor of Economics at London Business School. She is the author, most recently, of The Great Economists.
Aug 10, 2018 calls for a dual mandate for monetary policy in the wake of a surprising interest-rate increase.
Jul 28, 2015 explains why government intervention has only caused greater volatility.
Huge fiscal and monetary stimulus programs have sparked a growing debate about whether advanced economies may sooner or later experience the sort of rapid price growth last seen a generation ago. While stimulus advocates point to current weak demand and the public’s deeply ingrained low-inflation expectations, anxious hawks fear that a new and dangerous global inflationary consensus may be taking hold.