Philippe Bracke, Matt Everitt, Martina Fazio and Alexandra Varadi The Bank of England Agenda for Research (BEAR) sets the key areas for new research at the Bank over the coming years. This post is an example of issues considered under the Macroeconomic Environment Theme which focuses on the changing inflation dynamics and unfolding structural change … Continue reading When mortgage flexibility meets monetary policy tightening: heterogeneous impacts on spending and debt