Has UK food inflation been under the weather? – Bank Underground
India Rimmer, Hannah Copeland and Boromeus Wanengkirtyo
Global extreme weather events may feel far away, but they leave behind a trail of higher prices...
Is UK productivity growth low? A historical and cross-country perspective – Bank Underground
Sophie Piton and Fabrizio Cadamagnani
A lot has been written about UK productivity and how weak it’s been in recent years. This post assesses...
Who’s paying attention? How firms form policy rate expectations – Bank Underground
Lea Havemeister, Nicholas Bloom, Philip Bunn, Paul Mizen, Gregory Thwaites and Ivan Yotzov
Monetary policymakers carefully craft their policy decisions and communication, and financial...
Is higher productivity inflationary or disinflationary? – Bank Underground
Ludovica Ambrosino, Jenny Chan and Silvana Tenreyro
Recent technological advances raise an important question for policymakers: will higher productivity be disinflationary or inflationary? A...
If AI disappoints? The transmission of US big-tech earnings news – Bank Underground
There is growing concern among policymakers, international organisations, and even big-tech Chief Executive Officers (exhibits I, II and III) that the current artificial...
Is artificial intelligence making us more productive? What the UK industry data show – Bank Underground
Sandra Batten
Unlike previous waves of automation, machine learning and generative AI (Gen AI) technologies can perform non-routine cognitive tasks, such as those involving...