School of Economics and Finance launch mentioned on Bloomberg
‘Barker says adding BOE stimulus risks stoking inflation more than growth’
Bloomberg
School of Economics and Finance
Speaking at the launch of Queen Mary’s School of Economics and Finance, a former policy maker at the Monetary Policy Committee warned that the Bank of England risks raising inflation if it continues with its quantitative easing measures. Karen Barker CBE said: “Achievement of the precise inflation target at a particular moment seems less important than supporting an overall economic outturn which minimises the risk of a long period of low growth. Some recasting of the target to ensure that there is sufficient flexibility might be the sign of a more mature monetary regime.”
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