Twitter debate - Where next for Monetary Policy? #EEFMPC

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The minutes from the Monetary Policy Committee's latest meeting were released yesterday, and showed that once again there was a four way split over monetary policy. On the 5th May the MPC announces its next decision. Just a couple of months ago market expectations were that this was when the MPC would finally raise rates.

In the interim, data releases have painted a picture of a weakening recovery. But inflation has remained well above target. The European Central Bank has raised rates, despite weak growth in the periphery.

So the question is, where next for monetary policy?

On the 4th May EEF's Economists will be using twitter to debate where the MPC should go next. To follow the debate use the hashtag #EEFMPC from 11am.

In the meantime, we will be discussing each of the different policy positions via the blog.

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