Insiders and outsiders at the Bank of England

A recent trend in central banking is the shift towards inflation targetting and monetary policy committees in which policymakers set interest rates by voting. While inflation targetting has lost most of its initial controversy, the need for MPCs and the benefits of publishing the votes, which is a hallmark of this new setup, remain subject to debate. Some central banks, as for example the Reserve Bank of New Zealand, have introduced inflation targetting but retained a single policymaker. Others,

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: