Catherine L. Mann discusses recent inflation forecast misses. She explains the MPC’s process of making predictions and some models in the toolbox. She highlights the importance of reinforcing the inflation anchor through monetary policy actions. She discusses what that implies for her policy strategy.
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Inflation Models And Research: Distilling Dynamics For Monetary Policy Decision-Making - Speech By Catherine L. Mann, Bank Of England, Member Of The Monetary Policy Committee - To Be Given At The Canadian Association For Business Economics On Tuesday 12 September 2023 At 12am BST
Date 11/09/2023
Inflation models and research: distilling dynamics for monetary policy decision-making
