Bank of England: Monetarists warn of challenging outlook before rate call Economics Monetarist economists argued a 25bps rate cut may be too little too late given the current weakness of the UK economy.
The rise and fall of 20th Century monetarism, according to one of Margaret Thatcher’s advisors UK Economy "There's not much in economics that is strictly scientific. Milton Friedman said this (monetarism) was a science and Margaret Thatcher sort of bought into that idea," Tim Lankester told City A.M.