BoE's Lomax questions MPC meetings

Bank of England deputy governor Rachel Lomax said in a speech in Oslo on Thursday 30 March that expectations for inflation have fallen and appear well anchored around the official target of 2.0 percent.

Lomax also pondered whether the central bank needed such frequent policy meetings and said the key test of monetary policy would be coping with future shocks.

"Inflation expectations have fallen and seem well anchored around the target," Lomax said.

"The acid test of monetary policy frameworks wi

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: