In the media | 07 Nov 2022

The Times: Central banks jumped the shark and regaining their credibility will be tough

British money

Institutions such as the Bank of England are facing a credibility problem. Tasked with achieving a 2 per cent inflation target, many central banks have overseen dramatic jumps to double-digit levels. Even prominent central bankers have acknowledged the strain that such an outrageously large miss is placing on the credibility of their institutions.

In his op-ed to The Times, Jamie Thompson, Head of Macro Scenarios at Oxford Economics discusses reputation, inflation and what this means for the global economy.

Read the full article below:

You may be interested in


Smart Energy International: Siemens unveils utilities’ struggle with limited behind-the-meter DER visibility

Utility companies in North America are hurrying to keep up with historic changes taking place in the way electricity is generated, consumed, and monetized. However, most companies lack the ability to measure and manage an energy economy impacted by the rapid adoption of electric vehicles, solar panels, and batteries, known as distributed energy resources, or DERs.

Find Out More


BBC News at One: UK Interest Rates

Andrew Goodwin, Chief UK Economist at Oxford Economics, discusses UK interest rates, inflation, and energy costs with the BBC News at One.

Find Out More
UK banking


The Times: The future lies between Goldilocks and the Three Bears

For the first time in quite a while, the risks to the global economy appear to be broadly balanced between a positive scenario and a more dangerous one. Jamie Thompson, Head of Macro Scenarios at Oxford Economics discusses inflation, interest rate hikes, and the impact of the Hamas attack with The Times.

Find Out More