Monthly Archives: December 2015

Carney’s conduct at the BoE

So during the first of the two short slots I did last night on Bloomberg with Joe Weisenthal, it was put to me, via an audio of Paul Donovan at UBS, that Mark Carney was adopting too dictatorial a style. … Continue reading

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Carney: will he stay or will he go?

When he was recruited to the BoE Governor’s job in 2013, Mark Carney let it be known that he would not serve more than 5 years of the 8 year term.  Lately, he has made it clear that he is … Continue reading

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More on the Germans.

Simon Wren Lewis responds to my post about [his post on] the extent to which we can pin the ultimate blame for the Eurozone crisis on bad German economics. He sympathises somewhat with the notion that prior to the Euro, … Continue reading

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The Eurozone crisis. Was it all bad German economics?

Simon Wren Lewis [here and here] pulls together his critique of the role of German economics in the Eurozone crisis. The Eurozone institutions had  3 flaws. First, the ECB was [at least initially] prevented from acting as a lender of … Continue reading

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Data nirvana. A thought following the Bean Review of UK statistics

One point coming out of Charlie Bean’s excellent interim review of the Office for National Statistics in the UK is that the ONS should provide better access to the underlying micro data behind our statistics. Here are two reasons why … Continue reading

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How the BoE makes the Office for Budget Responsibility’s job harder

At risk of this blog degenerating into a broken record, if it has not already… Today at Treasury Committee, Robert Chote and Steve Nickell were grilled about the Office for Budget Responsibility’s forecasts for the UK economy and government finances. … Continue reading

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Barwell-Yates Times Op-Ed on BoE’s interest rate candour deficit

Here’s a link.  Familiar points for anyone already reading this blog, but this time with the masterful drafting skills of Richard Barwell, my former BoE colleague, now senior economist at BNP Paribas. [‘Candour deficit’ term stolen from Gavin Kelly’s pieces … Continue reading

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