Charles Goodhart on inflation targets, financial stability and the role of money

LSE professor says AIT a mistake, independence under threat amid inflation surge and climate stress tests unconvincing

Charles Goodhart

What led you to join the Bank of England (BoE) in September 1968, sparking your keen interest in central bank economics and policy-making ever since?

Following the Radcliffe Committee Report, the Bank of England, very sensibly, developed a policy for asking youngish, monetary economists to spend two years with them – partly to provide those in the Bank of England with knowledge of what was going on in academia. But perhaps as important was to show monetary economists what the Bank of England

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