Turmoil in financial markets causes reflection. Is monetary policy conducted in the most efficient way? Are regulatory and supervisory arrangements adequate when market volatility increases and financial institutions come under stress? In the present SUERF Study, we have collected the...

Turmoil in financial markets causes reflection. Is monetary policy conducted in the most efficient way? Are regulatory and supervisory arrangements adequate when market volatility increases and financial institutions come under stress? In the present SUERF Study, we have collected the...

In this speech, Sushil Wadhwani, member of the Bank's Monetary Policy Committee argues that the tendency for economic forecasters to underestimate growth and overestimate inflation suggests that the UK meconomy is behaving differently from the past. Possible explanations include an...

In this speech, Sushil B. Wadhwani, member of the Bank's Monetary Policy Committee, argues that the Internet is likely to have a highly significant impact on productivity, margins, the NAIRU and inflation over the next few years. He conjectures that there may be a case, therefore, for revisiting...