Minouche Shafik: In experts we trust?

Speech by Ms Minouche Shafik, Deputy Governor for Markets and Banking of the Bank of England, to Oxford Union, 22 February 2017.

I am grateful for discussions with or comments received from Kristin Forbes, Anil Kashyap, Sujit Kapadia, William Moy, Onora O'Neil, Nick Stern, Martin Taylor and Sharon White. I would also like to thank Grellan McGrath, Dami Ayeko, Ankita Mehta and colleagues within the Bank for help in preparing this speech, though all views are my own. I would also like to thank Michelle Madden, Vicky Purkiss, Cheryl Gibb and Julie Welland for their excellent support during my time at the Bank of England.