We are delighted to bring together two former MPC members - DeAnne Julius and Gertjan Vlieghe - to discuss inflation. The panel discussion will be moderated by Chris Giles of the Financial Times.
For how long will inflation remain so far above central bank targets? How close are we to the peak, and how swiftly might inflation fall thereafter? What has generated the surge in inflation and how should central banks respond - should they focus on the second-round effects on wages and expectations, or the negative repercussions of the cost-of-living crisis on demand and thereby future inflation? Could excessive inflation trigger a global recession, or will savings come to the rescue of households? These are just some of the many questions surrounding the inflation outlook and its repercussions that will be addressed by our distinguished speakers.
Dame DeAnne Julius is a senior adviser to Chatham House and a distinguished fellow in its Global Economy and Finance programme. She also serves on the advisory boards of Rock Creek Global (Washington DC) and the International Business and Diplomatic Exchange (London). From 1997 to 2001, DeAnne was a founder member of the Monetary Policy Committee (MPC) of the Bank of England.
Dr Gertjan Vlieghe joined the Monetary Policy Committee of the Bank of England on 1 September 2015. His term ended on 31 August 2021. Prior to his appointment he had been a partner and senior economist at Brevan Howard Asset Management, researching global macroeconomic trends and their interaction with asset prices.
Chris Giles became economics editor for the Financial Times in 2004, having previously served as a leader writer. His reporting beat covers global and UK economic affairs and he writes a UK economics column fortnightly. Before joining the FT as economics editor, he was an economics reporter for the BBC, worked for Ofcom, the telecommunications regulator and started his career with seven years as an economist for the Institute for Fiscal Studies.
The event is being held at the Royal Air Force Club, 128 Piccadilly, London, W1J 7PY on Monday 4 July. Registration is from 5.30pm-6.00pm. The panel debate will start promptly at 6.00pm and be followed by networking drinks.
Open to all members, email firstname.lastname@example.org to register.