She will take on the role from 1 July 2024 for a five-year term, succeeding Broadbent's ten years in the role. Andrew Bailey: No need for inflation to come back to 2% target before cutting rates Lombardelli will be responsible for overseeing the formulation and implementation of UK monetary policy and lead the BoE's research, data and analytics. She will also become a member of the Monetary Policy Committee and will lead the central bank's response to the publication of Ben Bernanke's review of the BoE's forecasting process, alongside the creation of a new data and analytics strat...
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