Andrew G Haldane: How monetary policy affects your GDP

Text of the Finch Lecture by Mr Andrew G Haldane, Executive Director and Chief Economist of the Bank of England, at the University of Melbourne, Melbourne, 10 April 2018.

Central bank speech  | 
17 April 2018

The views expressed here are not necessarily those of the Bank of England or the Monetary Policy Committee. I would like to thank Phil Bunn, Shiv Chowla, Fergus Cumming, Alice Pugh and Chris Yeates for their help in preparing the text. I would like to thank James Benford, Tom Belsham, Ben Broadbent, David Halpern, Michael Hallsworth, Clare Macallan and Michael Saunders for their comments.

I am honoured to be here at the University of Melbourne to deliver this year's Finch Lecture.

Colin David Finch built his brilliant academic and professional career on nurturing international co-operation on economic and financial matters: in his studies here at the University of Melbourne and at the London School of Economics; in his long and distinguished time at the International Monetary Fund; and, in later life, at the Institute for International Economics in Washington DC.