On interest rates, Monetary Policy Committee can’t be both dovish and hawkish

The article discusses the challenges and contradictions faced by the Monetary Policy Committee (MPC) in setting interest rates, particularly the difficulty of maintaining both a 'dovish' (pro-growth, lower rates) and 'hawkish' (anti-inflation, higher rates) stance simultaneously. It highlights the complexities of monetary policy decisions in balancing inflation control with economic growth objectives.