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Bank of England chief visits Ulster science park

Dr Adam Posen, one of the nine members of the Bank of England’s Monetary Policy Committee visited the Northern Ireland Science Park (NISP) as part of a two day visit to Northern Ireland designed to get a first-hand impression of the local economy.

During his visit to the NI Science Park he met various NISP programme directors, business angel investors and tenants of the Science Park who shared their views on the local economic priorities and concerns.

Throughout his visit he was be accompanied by Frances Hill the Bank’s Agent for Northern Ireland. These visits complement the monthly reports provided to the MPC by the Bank’s twelve regional Agents.

Dr Posen is a senior fellow at the Peterson Institute for International Economics, and was also previously a visiting scholar at central banks including the Federal Reserve Board, the European Central Bank, and the Deutsche Bundesbank.

He has also been a consultant on economic and foreign policy issues to several US government agencies (including the Departments of State and Treasury, the Council of Economic Advisors, and the National Intelligence Council), the European Commission, the Japanese Ministry of Economy, Trade, and Industry, the UK Cabinet Office, and to the IMF.

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