Has the Bank of England given up on inflation?

Milas, Costas (2021) Has the Bank of England given up on inflation? LSE Business Review (14 Dec 2021). Blog Entry.

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Abstract

During its early years of operational independence, the Bank of England was very keen to establish its anti-inflationary authority by “going tough” on inflation. Now it has decided to take no interest rate action most likely until early 2022. Costas Milas writes that this doesn’t mean that the Bank has gone soft on inflation. Monetary Policy Committee members are concerned that, with the pandemic and the emergence of the “Omicron” variant, interest rate hikes could derail economic recovery.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2021 The Author
Divisions:	LSE
Subjects:	H Social Sciences > HG Finance H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited:	21 Jan 2022 13:18
Last Modified:	11 Dec 2024 20:59
URI:	http://eprints.lse.ac.uk/id/eprint/113214

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