It’s time to question the macroeconomic orthodoxy on interest rates and inflation
![](https://volterra.co.uk/wp-content/uploads/2017/10/inflation_report.jpg)
Mark Carney, governor of the Bank of England, is getting his retaliation in early. Faced yet again with the Bank failing to deliver its designated target of a two per cent inflation rate, in a speech last week he suggested that his remit was broader. “We face a tradeoff between having inflation above target and […]