Developments a mixed bag for Bank: Goodhart


Central Banking (CB): How has the outlook changed in the last few months for the Bank?

Charles Goodhart (CG): I think the news on the real economy has got worse. Inflation is probably much as they'd expected as they're getting some pleasure from the decline in oil prices from $147 back down to $120.

A slowdown is occurring and that will bring about a reduction in energy and food prices, which have been the main drivers of inflation. But this is not simply within the command of the Bank alone.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

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: