Economics Society host Silvana Tenreyro
The Economics Society was delighted to host Silvana Tenreyro this week. She attended a lunch with a number of Economics students before her talk in the library where she was able to answer many of their questions. Silvana is a Bank of England monetary policy committee member and professor of economics at the LSE. She has also worked at the USA Federal Reserve.
The talk was well attended and Silvana gave a thorough account of the workings of the Monetary Policy Committee, including an update on the state of UK economy and the Bank of England's view on interest rates and quantitative easing going forward. She highlighted their expectation of lower UK growth expectations and the bank's desire to raise interest rates and taper QE at a slow and gradual rate. Other topics discussed were the UK's 'Productivity Puzzle' and the regulatory roles of the FPC and PRA. There were a wide range of perceptive questions from an engaged and interested audience.
Many thanks to Silvana for taking the time to come in and speak to the boys.
Silvana discussed the UK's 'Productivity Puzzle' and the regulatory roles of the FPC and PRA.