Financial markets point to very data-dependent monetary policy (opens in new tab)

Nades Raviraj and Danny Walker Big and uncertain shocks have pushed UK inflation above the 2% inflation target over the past few years. How did financial markets view the Monetary Policy Committee’s (MPC’s) monetary policy during this unprecedented period? We show that markets have come to perceive the MPC’s policy stance as increasingly dependent on … Continue reading Financial markets point to very data-dependent monetary policy →