Download the full paper here: https://iea.org.uk/publications/44943/ In this new IEA Briefing, Communications Manager Reem Ibrahim sits down with independent economist Damian Pudner to discuss the new IEA paper "Rethinking Monetary Policy." Pudner explains why the Bank of England's current 2% inflation targeting system fails to provide a balanced approach during supply shocks like the COVID-19 pandemic, forcing interest rate hikes that exacerbated the cost of living crisis while hampering economic growth and recovery.
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Time for a New Economic Measurement? IEA…
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Download the full paper here: https://iea.org.uk/publications/44943/ In this new IEA Briefing, Communications Manager Reem Ibrahim sits down with independent economist Damian Pudner to discuss the new IEA paper "Rethinking Monetary Policy." Pudner explains why the Bank of England's current 2% inflation targeting system fails to provide a balanced approach during supply shocks like the COVID-19 pandemic, forcing interest rate hikes that exacerbated the cost of living crisis while hampering economic growth and recovery.