Shadow Monetary Policy Committee
The Shadow Monetary Policy Committee (SMPC) was established in July 1997, immediately following the creation of the Bank of England Monetary Policy Committee. The SMPC has met on a monthly basis since then. The decisions and minutes of the SMPC are published a few days before the Bank of England’s own interest rate decision each month.
Key personnel:
- Chairman - David B. Smith, Visiting Professor, University of Derby.
- Secretary - Professor Kent Matthews, Julian Hodge Professor of Money and Banking, Cardiff Business School, Cardiff University.
- IEA representative - Professor Philip Booth, Editorial and Programme Director of the IEA.
Other members of the Committee are: Roger Bootle (Deloitte and Capital Economics Ltd), Tim Congdon (International Monetary Research Ltd.), Jamie Dannhauser (Lombard Street Research), Anthony J Evans (ESCP Europe), John Greenwood (Invesco Asset Management), Ruth Lea (Arbuthnot Banking Group), Andrew Lilico (Europe Economics), Patrick Minford (Cardiff Business School, Cardiff University), Gordon Pepper (Lombard Street Research and Cass Business School), Akos Valentinyi (Cardiff Business School, Cardiff University), Peter Warburton (Economic Perspectives Ltd), Mike Wickens (University of York and Cardiff Business School) and Trevor Williams (Lloyds TSB Corporate Markets).
Read more about this topic: Institute Of Economic Affairs
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