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Trevor Williams

Trevor Williams

Economist, Visiting Professor, Lecturer, Writer, Public Speaker.

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Tag: MPC

Posted on 10th August 2021

UK monetary policy to remain on hold, for now

In June this year, annual UK consumer price inflation on the central banks preferred measure (CPIH) hit 2.4%, marginally above the 2% target and the highest level since the pandemic started in 2019. It was a rate last seen in August 2018. For some commentators, it was a vindication of the view that the Bank …

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Posted on 30th January 2020

New year, new governor, new rate regime?

As Mark Carney prepares to make way for new governor Andrew Bailey, he’s voiced the suggestion that UK interest rates could be cut if the economy wobbles in early 2020. His view may be in anticipation, as some have concluded, of an economic shock resulting from the UK’s exit from the UK on 31st January. …

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Posted on 25th April 201829th April 2018

Is a UK recession on the cards?

UK economy still in growth mode

Based on the post-war record of UK economic expansion, we may be about to experience a sharp slowdown (see chart A). Latest figures show that the UK grew by 0.4% in the final quarter of 2017, down by 0.1% from an earlier estimate of 0.5%. In the year as a whole, the UK economy expanded …

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