Tuesday, June 16, 2009
Posen appointed to MPC
Posted by David Smith at 10:30 AM
Category: Thoughts and responses

adam-posen.jpg

The apppointment of Adam Posen to replace the outgoing Tim Besley on the Bank of England's monetary policy committee (MPC) is quite a coup and suggests the Bank has not lost its pulling power. It also maintains the MPC's transatlantic links following Danny Blanchflower's departure. Posen is deputy director of the Peterson Institute in Washington and has a good reputation. His biography is here.