Bank of England Governor Andrew Bailey was quick to convey to an OMFIF-invited audience that the Monetary Policy Committee ‘will, if necessary, act forcefully’ to get consumer price index inflation back to its 2% medium-term target. And while there are economic headwinds (such as cost inflation), there will be ‘no ifs and buts’ in this respect.
What’s at stake in Ukraine war By David MarshEconomic weaponry is likely to be at least as devastating as the tanks and missiles in the Russian invasion of Ukraine that started on 24 February. Alongside thousands of casualties, many millions of people around the world will be caught up in a parallel ‘battle of hardships’.
MEETINGS Asia’s role in Europe’s future Tuesday 19 July, Conference Organised by OMFIF with the participation of the European Commission, this event in Singapore includes contributions from senior officials from its budget and administration division. It features central bank and ministry of finance leaders from across Southeast Asia.
ON DEMAND UK economic landscape Andrew Bailey, governor of the Bank of England, discusses how the impact of Covid-19 and the influence of longer-term structural forces will affect the economic landscape and policy-making in the years to come.
LATEST REPORT Global Public Investor 2022 More than 75% of the central banks surveyed for the 2022 edition of Global Public Investor believe inflation will be sustainably higher or more volatile for a prolonged period. Just 20% of reserves managers think inflation will be transitory.
