In this lecture, Paul Tucker, Executive Director for Markets and Monetary olicy Committee member, discusses three related 'arenas' of uncertainty concerning the impact of structural changes in the economy and financial system. Beginning with the macroeconomy and against the background of his...

In this speech, Paul Tucker, Executive Director for Markets and Monetary Policy Committee (MPC) member, discusses the challenges that the turmoil and fragility across financial markets has posed to monetary policy and financial stability. On monetary policy, the conditions were not favourable to...

In this speech, Paul Tucker, Executive Director, Markets and Monetary Policy Committee member, considers the risks facing the two elements of monetary stability - price stability and financial stability - after another year in which both were sustained. After explaining his January vote on Bank...