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Ideas on revising the Bank of England’s mandate and changing the way monetary policy is pursued in the UK

Milas, Costas (2022) Ideas on revising the Bank of England’s mandate and changing the way monetary policy is pursued in the UK. LSE Business Review (12 Aug 2022). Blog Entry.

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Abstract

As UK inflation, currently at 9.4% and heading for 13%, is much higher than the official inflation target of 2%, Liz Truss is accusing the BoE of having been too slow to increase interest rates. Costas Milas argues that, 25 years since the Bank of England was given operational independence, it makes sense to revisit the issue of the bank’s mandate and look at things that can get better, as long as changes do not compromise the bank’s independence.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2022 The Author
Divisions: LSE
Subjects: H Social Sciences > HG Finance
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 20 Sep 2022 14:30
Last Modified: 20 Sep 2022 14:30
URI: http://eprints.lse.ac.uk/id/eprint/116486

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