Swati Dhingra to join Bank of England's Monetary Policy Committee
Swati Dhingra to join Bank o...
Subscribe to Newsletter

Swati Dhingra to join Bank of England's Monetary Policy Committee

13 May 2022
2666
1 min.
2
Swati Dhingra to join Bank of England's Monetary Policy Committee

Swati Dhingra has been appointed to the Bank of England’s Monetary Policy Committee (MPC) by chancellor Rishi Sunak.

The MPC is responsible for deciding what monetary policy action the Bank of England will take to keep inflation low and stable. It meets eight times a year to set the Bank of England’s own interest rate.

Dr Dhingra, associate professor of economics at LSE and an associate in the Centre for Economic Performance’s trade programme, will join the MPC on 9 August for a three-year term.

The MPC is made up of nine members, four are external members appointed directly by the Chancellor for fixed terms. Dr Dhingra will replace Michael Saunders, who has been on the MPC since August 2016.

Chancellor of the Exchequer, Rishi Sunak said: “Dr Swati Dhingra’s experience in international economics will bring valuable new expertise to the MPC. I am delighted to appoint her to this role and look forward to seeing her contribution to policymaking in the coming years.”

Dr Swati Dhingra said: “I am very pleased that the Chancellor has appointed me to join the Monetary Policy Committee. The work of the Committee is of great importance as the UK faces an exceptional cost of living crisis amid the global challenges of the pandemic and the war.

“It will be an honour to learn from the Bank’s vast expertise and regional visits, “to listen and to explain”, and to bring evidence to bear on the crucial policy decisions of the Committee.”

Source: https://www.lse.ac.uk/News/Latest-news-from-LSE/2022/e-May-22/swati-dhingra-joins-mpc

Persons1 and Companies1 in the news

Chancellor of the Exchequer
1 place
Bank of England
1 place
Section:
Rating companies

ENGLAND NEWS


News GlobalEng.biz -this is the latest and most up-to-date information about the resonant events that have occurred in the region. The task of the resource's news feed is to convey to readers information about important events in business, politics, economics, healthcare, culture and other spheres of life in England with maximum accuracy and objectivity.
News GlobalEng.biz - this is coverage of the economic processes taking place in England, the latest news of public life, incidents and an overview of political events. English news is information about the activities of small and medium-sized businesses, the work of housing and communal services, the implementation of significant projects. The site's journalists describe not only the life of the region, but also talk about the current state of the English economy. Everything you need to know about innovations in the field of industry and agriculture, economy and government is collected in the "News" section on GlobalEng.biz.
News of England promptly informs the reader, shows the real picture and opens up topical topics. Communication with government structures and business gives us the opportunity to provide our readers with reliable, information-rich material.
The main page of the portal contains the key news of England!
Alena Potapova

Development Director
Population
8125387183
Died this year
22988381
Born this year
56555486