Dr. Swati Dhingra has been reappointed as an external member to
the Monetary Policy Committee (MPC), the Chancellor of the
Exchequer, , has announced.
Her three-year term was due to end on 8 August 2025. Following
her appointment for a second term, Dr. Dhingra will continue to
hold the post until 8 August 2028.
Dr. Swati Dhingra is an Associate Professor of Economics at the
London School of Economics (LSE), and an Associate of the
Centre for Economic Performance at LSE. Her research has been
funded by the Economic and Social Research Council; European
Research Council; International Growth Centre; UK Research and
Innovation; and she was awarded the Office for National
Statistics' Research Excellence People's Choice Award 2019.
From 1 January 2023, Dr. Swati Dhingra has been Director of the
Review of Economic Studies. She has also been a member of the
UK's Trade Modelling Review Expert Panel and the LSE's Economic Diplomacy
Commission.
About the reappointment process
Reappointments are not automatic, and each case is considered on
its own merits. This reappointment was made by the Chancellor of
the Exchequer, in line with the requirements of the Governance
Code for Public Appointments.
About the Monetary Policy Committee
The independent MPC makes decisions about the operation of
monetary policy. It comprises of the Governor of the Bank of
England, three Deputy Governors, the Bank of England's Chief
Economist and four external members. External members, who are
appointed by the Chancellor, may serve up to two three-year terms
on the MPC.
The appointment of external members to the MPC is designed to
ensure that the Committee benefits from thinking and expertise in
addition to that gained inside the Bank. Each member of the MPC
has expertise in the field of economics and monetary policy. They
are independent and do not represent particular groups or areas.
