Michael Saunders is a British economist, and a senior economic advisor at consultancy Oxford Economics. In August 2016 he became an external member of the

Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of ...

Monetary Policy Committee Monetary Policy Committee (MPC) may refer to: * Monetary Policy Committee (India) The Monetary Policy Committee is responsible for fixing the benchmark interest rate in India. The meetings of the Monetary Policy Committee are held at least fo ...

, replacing

Martin Weale Martin Robert Weale (born 4 December 1955) is a British economist. He was educated at Highgate School and Clare College, Cambridge, where he qualified for an Master of Arts (Oxbridge and Dublin), MA in Economics, with first-class honours, and w ...

. Saunders studied econometrics at the

London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 millio ...

(LSE). Saunders worked for a short time as an economist at Greenwell Montagu (now

HSBC HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tri ...

) and the

Institute for Fiscal Studies The Institute for Fiscal Studies (IFS) is an economic research institute based in London, United Kingdom, which specialises in UK taxation and public policy. It produces both academic and policy-related findings. The institute's aim is to "a ...

, before joining

Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...

, in 1990, rising to become Head of European Economics.

References

Year of birth missing (living people) Living people Alumni of the London School of Economics British economists Monetary Policy Committee members {{UK-economist-stub