Pantheon Macroeconomics - MPC member Michael Saunders, who has voted to raise interest rates at the last two MPC meetings, argued in a speech yesterday that tighter monetary policy is required now partly because it affects the economy with a long lag.

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1 September 2017 Interest Rate Changes Act Faster than the MPC's Hawks Argue

By Samuel Tombs

MPC member Michael Saunders, who has voted to raise interest rates at the last two MPC meetings, argued in a speech yesterday that tighter monetary policy is required now partly because it affects the economy with a long lag.

Posted: 31st Aug 2017 in 'U.K. Documents'

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