Published by Emeritus Prof Christopher May

published 3 days ago

Emeritus Prof Christopher May's Post

Well, the convention is 18-24 months lag, but see this discussion from Catherine Mann of the Bank of England's Money Policy Comm... which north confirms & complicates that estimate

https://www.bankofengland.co.uk/-/media/boe/files/speech/2023/february/expectations-lags-and-the-transmission-of-monetary-policy-speech-by-catherine-l-mann.pdf

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