• Does not recommend 'large and untargetted fiscal packages' given elevated inflation in many countries, including UK
  • It is important that fiscal policy doesn't work at cross-purposes to monetary policy
  • November 2023 budget will give UK opportunity to consider ways to provide residents more targeted support and to reevaluate tax measures

This was in The Spectator on Aug 31 and reads like a prophecy.


The article concluded that Sunak was "just making himself look childish and petulant."