Defending monetary policy – Valedictory lecture with Ian McCafferty
The meeting of the Bank of England Monetary Policy Committee on 21 June culminated in the decision to maintain the official bank rate at 0.5%. The Committee voted unanimously to maintain the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435bn.
If you would like to find out more about Bank policy and participate in a Q&A with Ian McCafferty, we invite you to attend the OMFIF City Lecture on Tuesday 26 June, where registration commences at 10.30am.
McCafferty will speak on:
- the future of central banking;
- his support for the rate increases;
- the importance of central bank independence;
- and lessons learned from the 2008 financial crisis.
McCafferty will reflect on his six-year tenure at the Bank and his approach to rate rises over that time. He will step down in August, weeks after his last vote as part of the Monetary Policy Committee.
- Registration closes on Monday 25 June
One Moorgate Place
Chartered Accountants Hall
1 Moorgate Pl