The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member of the Bank of England said, defying current market expectations. Market players are ...
DeAnne Julius, former UK monetary policy committee member, emphasized that the UK could face stagflation since the general economic outlook was more pessimistic. Martin Sandbu argued that Europe ...
“This is not a time to take risks in my opinion, and I think cutting rates would be a risk,” said DeAnne Julius, who was a BOE rate-setter between 1997 and 2001. “Businesses that can raise ...
The Dame DeAnne Julius Senior Academy Fellowship was created to honour Dame DeAnne Julius DCMG CBE who was chairman of Chatham House (2003-12). It forms part of the institute’s wider aim to create an ...
DeAnne Julius, another former MPC member, pointed out that businesses will likely raise prices further when the national insurance increase and minimum wage hike take effect on 1 April 2024.
The Bank of England has been warned it may need to slam the brakes on its interest-rate cutting spree amid growing fears of another inflation shock. While Governor Andrew Bailey insists there is ...
“This is not a time to take risks in my opinion, and I think cutting rates would be a risk,” said DeAnne Julius, who was a BOE rate-setter between 1997 and 2001. “Businesses that can raise their ...