Ben

@EconSteveM @AdrianPabst1 @BenEcon33 Senior Economist @BenEcon33 comments on the Chancellor's announcements on public investment in today's #SpendingReview 👇 10/n 🧵

My Op-Ed in today's Guardian. Let's stop tinkering and adopt a credible economic strategy. @EconObservatory @CamEcon @DianeCoyle1859 @RoyalEconSoc @MeredithCrowle1 @jdportes @cepr_org theguardian.com/commentisfree/…

Our UK Economic Outlook will be published later this week 📃💥 providing a comprehensive forecast on the #UKeconomy in 2025 and beyond 📊 In this *NEW* blog, our @EconSteveM asks @BenEcon33 for a brief overview as to what we might expect to see in it 📈👇 hubs.la/Q035XP9t0

My thoughts on the movements in UK bonds this month

"What we've seen in today's [#GDP] figures is really a decline in sentiments because of the pre-budget uncertainty. There was a gap of 118 days between the election & the budget... [during this time] a lot of uncertainty crept in" @BenEcon33 speaks to @SkyNews' @SaimaMohsin 🎥👇

The most important thing to read before #Budget2024 is now on line. It will help and soothe all the hard work this pm. Treat it as an early rabbit out of the hat from @NIESRorg! niesr.ac.uk/blog/fiscal-st…

So we have a new permissive "fiscal rule" with guardrails. But detail on the guardrails look opaque, so we outline a better way. Direct accountability. 🎩 @AdrianPabst1 @EconSteveM @NIESRorg @TPIProductivity @@MMF_research @RoyalEconSoc @BritishAcademy_ @RoyalSocietyOP

Huge loss to @NIESRorg — we all owe @jagjit_chadha an enormous debt of gratitude for his intellectual leadership and contribution to better policy and the public good

I shared my views on the implications of the war in the Middle East for energy markets, supply chains, global inflation, and the overall economic outlook with @mollyblackall. Check out the full interview here: inews.co.uk/news/how-israe… @NIESRorg @EconSteveM @jagjit_chadha

NEW on the Economics Observatory - What’s the economic inheritance of the new UK government? by Benjamin Caswell (@NIESRorg) #EconTwitter #budget buff.ly/47MYA3B

⚡ NEW ⚡ Deputy Director @EconSteveM explores the role of the OBR and how to reform it for @thetimes ⬇ ✍ "There are (at least) two main problems with the system: that the #OBR must take #government policy as given... and the fiscal rules themselves" hubs.la/Q02MHjzw0

Excelente artículo de Jesús Fernández-Villaverde sobre demografía. Lectura recomendada a @jgjorrin @rdomenechv @RebecaGimeno @mientrastanto spectator.co.uk/article/the-gl…

Our @BenEcon33 spoke to @JayneSeckerSky on @SkyNews this morning 📺 about today's #inflation numbers 📊 ⬇ Ben explains the impact of today's figures on Bank of England rate cut decisions, #mortgage rates and saving rates 🎙️

Senior Economist @BenEcon33 spoke to @bbc5live's @WillBain31 this morning on #WakeUpToMoney about this week's upcoming #inflation, #wage and #GDP figures🎙️📊 In case you weren't awake to tune in at 5am 💤 you can listen to Ben talking about Thursday's GDP figures here 🎧👇 1/2

⚡️NEW⚡️Unpacking Labour’s Economic Inheritance: How Bad Really Is It? In the latest #MondayInterview, just published, our Deputy Director @EconSteveM sits down with @MichailMonica to discuss ⬇️ #UKeconomy #EconomicPolicy @RoyalEconSoc hubs.la/Q02J_s9y0

⚡️It's time to rewrite the UK's fiscal rules! ✍️📈 In the latest piece for @CentralComment our @BenEcon33 sets out 3⃣ pillars for a revised fiscal framework ⬇️ #GeneralElection #GE2024 #UKeconomy hubs.la/Q02DxxjQ0

⚡️OUT NOW⚡️ Our latest CPI Tracker suggests that despite today's encouraging figures, #inflation is likely to rise again in the second half of this year📈 Here is why⬇️ #GeneralElection #GE2024 @RoyalEconSoc hubs.la/Q02Cqc0d0

@NIESRorg Re: Labour’s new deficit rule ‘the current budget moves into balance, so that day-to-day costs are met by revenues’. Does this apply at all times? If so it forces government consumption to be pro-cyclical and would amplify (instead of smooth) the business cycle.