Considering Monetary Policy with the Bank of England

On 17 March 2020, Andrew Bailey will take on the role of Governor of the Bank of England.  On 13 February 2020, Rishi Sunak was appointed Chancellor by the Prime Minister, Boris Johnson.  Changes of personnel with regard to those in charge of both monetary and fiscal policy.  It was an interesting time for economists to listen and learn from someone close to UK monetary policy decision making, Gareth Harrison, Bank of England Deputy Agent, North East.  More than 50 students gathered to hear about the operations of the central bank, the role of the regional agents, and the likely direction of travel for the UK economy in the wake of Brexit and in the midst of the coronavirus.  Much of Gareth’s talk related directly to the GCSE and A Level specifications, and students greatly appreciated the opportunity to ask some probing questions.  A fantastic way to end this half-term’s meetings of the Economics Society.