IMF urges UK to withdraw ‘exceptional’ monetary policy

Bank of England blue sky

The International Monetary Fund has urged the Bank of England to start withdrawing the “exceptional” monetary easing measures it launched in response to Covid-19.

In its annual analysis of the UK economy, the fund said a “rotation” of policies away from stimulus was necessary to “to support a strong non-inflationary recovery”. “Monetary policy needs to withdraw the exceptional support provided during 2020–21,” the IMF said in its Article IV statement.

Though fund staff acknowledged there were

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

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