Jump to content
House Price Crash Forum
Sign in to follow this  
Buffer Bear

Richard Lambert: Member Of The Mpc Speaks.....................

Recommended Posts

He acknowledged concerns of other MPC members who fear failure to react to oil prices, which made up half of the recent dramatic jump in inflation from 1.1 to 2.4 per cent, would be more costly to the economy.

But he said: "You could bring inflation back to [the 2 per cent] target as soon as possible but that would mean a tight monetary policy and it would also bear down on the economy as well. It is a trade-off between the two."

No. There is no trade off. Your remit was to target inflation. You have failed.

Edited by gone west

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.