The Bank of England’s intervention in September to restart gilt purchases to support markets troubled by rising rates and unfunded fiscal expansion is a warning that fiscal considerations are becoming a more potent force in monetary decisions. And it could be an early test case for other quantitative easing countries grappling with bloated central bank balance sheets, high debt and rising policy rates.
UK growth anxiety is nothing new By Meghnad Desai As long as I can recall in my life as an economist, there has been a growth anxiety in British political life. Since the 1950s, recurrent crises – both national and global – have agonised UK financial markets. Read the full commentary here.
MEETINGS Bridging and solving climate-related data gaps Thursday 17 November, Roundtable Closing gaps in climate-related data is essential to developing sustainable finance. Fabio Natalucci, deputy director at the IMF, and Patrick Amis, from the ECB, speak about bridging data gaps and recommendations for policy-makers. Register to attend here.
ON DEMAND Avoiding a debt crisis Neil Williams, chief economist and Taylor Pearce, economist at OMFIF, discuss what the forces driving government funding costs will be, whether there are other measures available and how they might suit the UK. Listen to the podcast here.
