Thomas McGregor
Monetary Policy
- Division
Monetary Policy Strategy
- Current Position
-
Externals
- Fields of interest
-
Macroeconomics and Monetary Economics,International Economics,Economic Growth
- Education
- 2013-2017
PhD in Macroeconomics, University of Oxford, Oxford, United Kingdom
- Professional experience
- 2017-2022
Economist - International Monetary Fund
- 2016-2016
Economist - J.P. Morgan
- 2015-2015
Economist - Neptune Investment Management
- 2011-2013
Economic Advisor - Department for International Development
- 2009-2010
Senior Economist - National Treasury of South Africa
- 2008-2009
Economist - HM Revenue and Customs
- 30 June 2025
- OCCASIONAL PAPER SERIES - No. 372Details
- Abstract
- This report focuses on the implications of the changed inflation environment for the ECB’s monetary policy strategy, including the lessons learned from both the low inflation and high inflation periods, and the transition from one to the other. The starting point of the report is the outcome of the Monetary Policy Strategy Review 2020-21. While the previous review was conducted in an economic environment of low inflation, with interest rates in proximity to the effective lower bound (ELB), the inflation surge that followed the COVID-19 pandemic underscores the importance of a monetary policy strategy that enables the Governing Council to effectively respond to major changes in the inflation environment.
- 30 June 2025
- OCCASIONAL PAPER SERIES - No. 371
- 16 December 2024
- THE ECB BLOGDetails
- JEL Code
- E31 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Price Level, Inflation, Deflation
E42 : Macroeconomics and Monetary Economics→Money and Interest Rates→Monetary Systems, Standards, Regimes, Government and the Monetary System, Payment Systems
E47 : Macroeconomics and Monetary Economics→Money and Interest Rates→Forecasting and Simulation: Models and Applications
E52 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit→Monetary Policy
- 25 September 2024
- THE ECB BLOG
- 31 July 2024
- THE ECB BLOGDetails
- JEL Code
- E50 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit→General
E59 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit→Other
- 9 August 2023
- THE ECB BLOGDetails
- JEL Code
- E52 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit→Monetary Policy
E58 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit→Central Banks and Their Policies
D53 : Microeconomics→General Equilibrium and Disequilibrium→Financial Markets