G. R. Steele
3 February 2014

The relative merits of directing monetary policy by following set rules or by the use of discretion has engaged economists since first discussed by Henry Simons in a seminal paper published...
Anthony J. Evans
7 August 2013

I don’t view today’s announcement by the Bank of England as being a major change in monetary policy. The inflation target of 2% remains in place and the tools with which the Monetary...