The limits of central banks’ independence – public support?
Policy Exchange was pleased to welcome Sir Paul Tucker to launch his book Unelected Power: The quest for legitimacy in central banking and the regulatory state. The book explores two issues that Policy Exchange takes a serious interest in: monetary policy and...
Fixing roofs in the sunshine – why central banks must reconsider loose monetary policy
This week the IMF publishes its Spring World Economic Outlook that will forecast growth of 3.9 per cent. The world economy is now expanding in a coincidental manner with mature expansions underway in the US and the UK and the eurozone now exhibiting a steady cyclical...
Why isn’t the FinTech market a fin4all?
The Chancellor of the Exchequer, Phillip Hammond, launched the UK’s latest FinTech Strategy with a speech that celebrated the remarkable growth of the sector, which is essentially about combining financial services with innovative technology. He talked in terms of...
The Spring forecast – better news but still too pessimistic
An official economic outlook that is too smooth and too pessimistic The Office for Budget Responsibility (OBR) economic forecast was the centrepiece of the Chancellor of the Exchequer’s Spring Statement last week. It was slightly more positive than the forecast...
