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Stephen Millard

@EconSteveM

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26.5 years at the Bank of England. Now Deputy Director for Macroeconomics and Forecasting at NIESR. Enjoy cricket and the piano. Using X in a personal capacity.

Joined January 2022
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@NIESRorg
National Institute of Economic and Social Research
2 days
#WeekendReading 🔖 What's the current state of the UK economy? What is the outlook for 2026?⚡️ In our latest #MondayInterview, our @EconSteveM outlines what the main issues are at the moment and what to expect from the forthcoming #AutumnBudget ⬇️⬇️⬇️ https://t.co/1DV8jvEF30
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@NIESRorg
National Institute of Economic and Social Research
4 days
⚡️Our reaction to the latest #BankOfEngland's MPC decision on #InterestRates is out now⚡️ #UKeconomy #MonetaryPolicy #Budget @RoyalEconSoc
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@NIESRorg
National Institute of Economic and Social Research
4 days
🚨LAST CALL 🚨 Less than 2⃣4⃣ hours to our Economic Forum 💻 Join us online at 11am tomorrow to hear all the latest research from us on the UK economy, the upcoming #Budget and the latest #InterestRates decision 📈 Sign up here 👇 https://t.co/ipSwSq5eD8
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@NIESRorg
National Institute of Economic and Social Research
6 days
Unlocking Economic Growth Through #Climate Commitments 🔓📈🌱 Ahead of this year's #COP30 join our webinar on 12 November where will we discuss why the #ParisAgreement goals becoming increasingly unachievable and the economic consequences of countries' inaction 💻Online 📝
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@NIESRorg
National Institute of Economic and Social Research
5 days
⚡️OUT NOW⚡️ The #Chancellor should use the forthcoming Autumn #Budget to create a bigger fiscal buffer and set #debt on a clearly declining path 📉 Our latest quarterly UK Economic Outlook is published - Access it here 👇 https://t.co/B0jVyNFrg9
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@NIESRorg
National Institute of Economic and Social Research
13 days
The latest survey from @CFMUK & @NIESRorg, which asked for views on how the OBR’s influence, forecasting approach, and institutional design should develop in light of recent debates, has now been published. Only 11% of respondents thought the OBR should move to a single
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@NIESRorg
National Institute of Economic and Social Research
12 days
Lots of talks on the current state and outlook of UK public finances... But how large a buffer would the #Chancellor need to ensure that #debt in the Parliament's final year is no higher than it is today? Read here our Director David Aikman's #blog ⬇️ https://t.co/pkZFG8jB1z
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@NIESRorg
National Institute of Economic and Social Research
11 days
How sustainable is the UK’s current #debt trajectory? Which measures may be needed to stabilise it? These are just some of the question that will be discussed at our event on 12th November 🗓️ 📝Sign up here 👇 https://t.co/IlVqi8lZxV
Tweet card summary image
niesr.ac.uk
The UK's national debt currently stands at around 100 per cent of GDP - a historically high level - and has been fuelled by successive shocks such as the 2008 financial crisis, the global pandemic...
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@NIESRorg
National Institute of Economic and Social Research
10 days
⏰Exactly one week to go to our quarterly Economic Forum 💻 📝Sign up to hear from our researchers ahead of the #AutumnBudget ⬇️ 🗓️7th Nov 11am-12pm online 🖱️ https://t.co/i05UxdYWW1
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@NIESRorg
National Institute of Economic and Social Research
9 days
#WeekendReading 🔖 Why is supporting #schools teaching controversial issues important? In our latest #MondayInterview, we explore how third-sector organisations support schools in engaging students with emotive political and social topics👇 https://t.co/716IIxPFAw
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@NIESRorg
National Institute of Economic and Social Research
9 days
#WeekendReading 🔖 The second 'CfM-NIESR survey' ⚡ What is the role of the #OBR and how should it evolve? One highlight is that only 11% of respondents thought the @OBR_UK should move to a single comprehensive forecast per year. Read more here 👇 https://t.co/t0LyvKRqFN
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@NIESRorg
National Institute of Economic and Social Research
8 days
#WeekendReading 🔖 The latest #DirectorView The 'Dean Trench' Weekly Memo from our Director David Aikman looks at a set of established #policy rules to gauge what they would prescribe for #Bank Rate in the current economic environment. Spoiler: not time to cut yet✂️
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@NIESRorg
National Institute of Economic and Social Research
8 days
#WeekendReading 🔖 Technology Spillovers from the Final Frontier 🌌 The latest Discussion Paper examining the technological and economic effects of #space activities in the U.S. from the 1960s to the present day 🚀 https://t.co/tRfA5nwd3g
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@NIESRorg
National Institute of Economic and Social Research
7 days
🚨ALERT FOR JOURNALISTS 🚨 *TOMORROW* 🗞️ We will present our latest forecasts for the UK and Global economies at a dedicated press briefing 📈 📝Sign up here if you haven't done it yet ⬇️ #Chancellor #Budget #PublicFinances @RoyalEconSoc https://t.co/cvWU4rLHeP
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@NIESRorg
National Institute of Economic and Social Research
7 days
⚡️What's the current state of the UK economy? What is the outlook for 2026? ⚡️ In our latest #MondayInterview, just published, our @EconSteveM outlines what the main issues are at the moment and what to expect from the forthcoming #AutumnBudget https://t.co/7P8wJAyThn
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@NIESRorg
National Institute of Economic and Social Research
14 days
Why is supporting #schools to teaching controversial issues important? In our latest #MondayInterview, just published, we explore how third-sector organisations support schools in engaging students with emotive political and social topics 👇 https://t.co/QuAjsYDeTW
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@NIESRorg
National Institute of Economic and Social Research
15 days
#WeekendReading 🔖 Latest #inflation figures showed that it held steady in September at 3.8% but the prospects for inflation in 2026 are promising, argues @Econdixon in his usual monthly deep analysis of the numbers 👇 https://t.co/IHbKGInIRN
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@NIESRorg
National Institute of Economic and Social Research
16 days
#WeekendReading 🔖 Our latest #CPI Tracker suggesting #inflation will stay above 3% through the first quarter of 2026, causing the #BankOfEngland to remain cautious and pause #InterestRate cuts at least until February 📈 More here ⬇️ https://t.co/baPYcrvVAM
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@NIESRorg
National Institute of Economic and Social Research
15 days
#WeekendReading 🔖 The latest #DirectorView The 'Dean Trench' Weekly Memo from our Director David Aikman looks at the evidence for and against the so-called “debasement #trade”, and its implications for the #USA and the global economy #gold #Dollar #MonetaryPolicy #USeconomy
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