Clare Lombardelli ⁦(⁦Bank of England⁩) opens the 2025 #Bank of England Watchers' conference today in London with a keynote on how the use of scenarios in forecasting can inform & help the design & implementation of monetary policy. ⁦European Central Bank⁩ ⁦⁦Royal Economic Society⁩

Now at the #BoEWatchers conference we are enjoying the expert panel on "Fiscal policy, the bond market, & implications for monetary policy". Panellists: Andrew Benito (Eisler Capital), Isabelle Mateos y Lago (BNP Paribas), Sushil Wadhwani (LSE). Chair: Sam Fleming (⁦Financial Times⁩)

Next at the #BoEWatchers conference is the expert panel on the "Monetary policy outlook". Panellists: ⁦Gianluca Benigno⁩ (⁦HEC Lausanne⁩), Megan Greene (⁦Bank of England⁩), Katharine Neiss (⁦PGIM⁩). Chair: Phil Aldrick (Bloomberg). ⁦European Central Bank

The afternoon at the #BoEWatchers conference at @KingsCollege BS just commencing with a panel on "The neutral rate of interest". Panellists: Silvia Ardagna (Barclays), Catherine Mann (⁦Bank of England⁩), ⁦Maurice Obstfeld⁩ (PIIE). Chair: Soumaya Keynes (⁦Financial Times⁩).

Catherine Mann speaking at Bank Watchers' conference, using Decision Maker Panel to calculate the neutral rate of interest. Money Macro and Finance Society King's Business School with a discussion of why it matters for #monetaryPolicy

Excited to see our #capital #gap paper with Dimitri Zenghelis published and cited by Tej Parikh in his #productivity article in the Financial Times. The UK is missing £2 trillion of capital relative to higher-productivity peer countries. Links in comments. #dataisbeautiful

👀Blimey, just look at what happened to Ireland's Q1 GDP. First estimate put it at 3.2%. But that's now been revised up to 9.7%(!) Looks v much like evidence of exporters front-running the US sanctions and getting goods, eg pharmaceuticals, across the Atlantic just in time...

ESCoE Advisory Board members Bart van Ark (The Productivity Institute) and Tera Allas CBE | @teraallas.bsky.social (McKinsey & Company) are quoted in this Financial Times article on the obstacles to higher growth in Britain. Read ESCoE work on measuring productivity: tinyurl.com/mry4zuab

How French firms navigated the #inflation surge: Lessons for expectations and decision making Erwan Gautier Banque de France, Frederique Savignac Banque de France, Olivier Coibion UT-Austin Economics ow.ly/9wZ750W3SuB

Following ESCoE’s recent conference King's Business School King's College London, ESCoE Research Director Paul Schreyer reflects on the event and what’s next for economic measurement: tinyurl.com/47ztzutj Recordings, slides & keynote interviews now available: tinyurl.com/3zdnky3c

Absolutely thrilled to share a new working paper, joint with Mishel Ghassibe 🇺🇦 and Boromeus Wanengkirtyo We study ‘Intertemporal pass-through’ (iPT) - the sensitivity of firms’ desired prices to changes in expected future marginal costs. Link: bankofengland.co.uk/working-paper/… A short 🧵

ESCoE Director Rebecca Riley and PhD student ChristinaPalmou are speaking at the Royal Economic Society Conference on Tuesday 1 July Uni of Birmingham. If you can't make it to Birmingham, you can view the livestream or watch on-demand. Virtual tickets: bit.ly/44eMTB3 ADR UK

How are recent US tariff announcements impacting UK firms? How high is tariff-related uncertainty? We asked firms in the Decision Maker Panel survey and summarised the findings in a new VoxEU column! ⬇️

Tariffs are a new source of uncertainty for firms, but the level of uncertainty remains relatively low compared to past shocks such as Covid-19. @I_am_NickBloom Philip Bunn Paul Mizen Veenaa Sasikaran, Krishan Shah Gregory Thwaites @Iyotzov cepr.org/voxeu/columns/…

The impact of the 2025 US tariff announcements on UK firms Nick Bloom, Philip Bunn, Paul Mizen, Veenaa Sasikaran, Krishan Shah Bank of England, Gregory Thwaites, Ivan Yotzov ow.ly/Xanb50WvUgO

We look forward to meeting many of you at Uni of Reading Economics Department on 8-10 Sep 2025 for our annual conference! It includes 4 keynotes, by Loriana Pelizzon, Olivier Coibion, Ufuk Akcigit & Tommaso Monacelli, 3 special sessions, by Bank of England, CHASM - Uni of Birmingham, & National Institute of Economic and Social Research, & 120+ papers!

It's well-established that UK firms engaged in international trade are more productive, but why? New analysis from ChristinaPalmou and Kyle Jones (ONS Focus) offers new evidence: tinyurl.com/5c9mazpa

This is a gentle reminder about the next Maxwell Fry Global Finance lecture, to be delivered by Huw Pill (Bank of England) at Uni of Birmingham Business School on Wed, 8 Oct: more info & registration at mmf.ac.uk/maxwell-fry/. All welcome!

How can we improve measurement of wealth and assets in the UK? ESCoE and Experian recently ran a workshop at 10 Union Street to explore this important question. Find out more in this blog by Paul Mizen & Darren Morgan: tinyurl.com/yj6m3sjc ONS Focus

Thrilled to share that our paper on “The Speed of Firm Response to Inflation” (joint with Paul Mizen Gregory Thwaites Nick Bloom & Phil Bunn) was accepted for publication at JEEA !