Blanchflower: I told you so on rate cut

David Blanchflower, an external member of the Bank of England's Monetary Policy Committee (MPC), criticised his fellow committee members for not taking a forward-looking approach, which meant rates had stayed too high too long.

Blanchflower, who is often portrayed as a so-called "dove" for favouring rate cuts, on Wednesday took his fellow policymakers to task for being too sanguine about the state of the British economy: "As recently as August, the MPC's Inflation Report projections indicated

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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 individual account