How should central banks respond to US tariffs? Podcast By  cover art

How should central banks respond to US tariffs?

How should central banks respond to US tariffs?

Listen for free

View show details

About this listen

US tariffs have sent financial markets into a frenzy in recent weeks, but how much should central bankers be taking trade into account when setting monetary policy? To find out, Soumaya Keynes sits down with Bank of England Monetary Policy Committee member Swati Dhingra – one of the committee’s more dovish members. They discuss why the UK’s open economy makes it more vulnerable to trade shocks, what Dhingra saw in the data that her MPC colleagues didn’t, and why she didn’t vote for an (even) sharper rate cut earlier this month.


Further reading:

Two BoE policymakers warn against rushing to further cut interest rates

Bank of England vote split hits hopes for faster interest rate cuts

Brexit lessons for Trump’s trade war


Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.

Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Original music and sound design by Breen Turner. The FT’s acting co-head of audio is Manuela Saragosa.


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

adbl_web_global_use_to_activate_T1_webcro805_stickypopup
No reviews yet