She will take on the role from 1 July 2024 for a five-year term, succeeding Broadbent’s ten years in the role.
Andrew Bailey: No need for inflation to come back to 2% target before cutting rates
Lombardelli will be responsible for overseeing the formulation and implementation of UK monetary policy and lead the BoE’s research, data and analytics.
She will also become a member of the Monetary Policy Committee and will lead the central bank’s response to the publication of Ben Bernanke’s review of the BoE’s forecasting process, alongside the creation of a new data and analytics strat…
Read the full article here