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In the News

Meet the UK Interest Rate Setters!

Geoff Riley

13th September 2015

I especially wanted to read this article because Martin Weale - who has been on the Monetary Policy Committee for nearly six years - was my Tutor at Cambridge and encouraged me to move into teaching nearly thirty years ago!

The MPC voted 8-1 last month to keep policy interest rates at their current level of 0.5% but in the coming months the expectation is that the vote to start edging rates higher will become closer. It is good for students to know a little more about the background of the group that makes the key interest rate decision in the UK.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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