Jagjit Singh Chadha OBE (Punjabi: ਜਗਜੀਤ ਸਿੰਘ ਚਢਾ, born 1 December 1966 in West Yorkshire) is a British economist who is the Director of the National Institute of Economic and Social Research.
[1] He is an advocate of flexible inflation targeting with central bank communications involving statements on the paths of policy rates under different scenarios.
("An Open letter to Andrew Bailey") He has been highly critical of the duration and size of the Central Bank QE programmes.
(Financial Times, 9th June 2022) He has long argued for a complete rehaul of the fiscal framework and its deployment of arbitrary and malleable rules.
("Designing a New Fiscal Framework: Understanding and Confronting Uncertainty", National Institute of Economic and Social Research Occasional Paper no.61) His work during Covid regularly outlined how the lack of a plan and objective led to policy drift.