10:59am Tuesday 31st August 2010
TOP economist Dr Adam Posen, a member of the Bank of England’s Monetary Policy Committee (MPC), will give his view on the economy at a breakfast event in York next month.
The private two-hour event is being hosted by the Leeds, York and North Yorkshire Chamber of Commerce.at the Sandburn Hall, Flaxton on Wednesday, September 29, starting at 8am.
As debate mounts over whether interest rates should be increased by the MPC to curb rising inflation, Dr Posen will provide guests with insider knowledge on the recent policy decisions taken by the committee and what he expects is in store for the UK economy.
Shaun Watts, president of York and North Yorkshire Chamber of Commerce, said: “Adam Posen sits at the heart of the Bank of England’s policy making and his decisions shape the UK economy and market conditions for business. In a unique opportunity, he is coming to Yorkshire to present to and discuss with businesses the state of the economy and future monetary policy.
“Low interest rates are crucial for economic recovery and business growth. However, rising inflation has put pressure on the MPC to increase interest rates.
“Mr Posen has come to listen to local businesses about economic and market conditions in our region, and the points raised might help influence whether the MPC holds interest rates or not”.
• Tickets are priced at £17.02 plus VAT for members, and £29.79 plus VAT for non-members. To book phone 01904 567 838 or, email events@yourchamber.org.uk
© Copyright 2001-2012 Newsquest Media Group
http://www.yorkpress.co.uk/trade_directory/