Low inflation: Implications for the FSA

RESEARCH - Ed Harley and Stephen Davies from the UK's Financial Services Authority have written a paper which considers the risks to the FSA's objectives arising from the move to the current low inflation environment in the UK. The authors conclude that most of the risks are related to a lack of full public awareness of how low inflation will actually affect them.

ABSTRACT

The FSA announced in January 2000 that, as part of the new regulatory approach, it would carry out a number of pilot theme

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