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I am a Research and Policy Advisor at the Bank of England, working in the Bank's Monetary Policy Strategy Division. Previously, I have worked in the Bank's International and Financial Stability Strategy and Risk Directorates. I am also a member of the Centre for Macroeconomics.

I have recently completed a chapter on International macroeconomics with Giancarlo Corsetti and Luca Dedola for Macroeconomics, a comprehensive textbook for first-year Ph.D. courses in macroeconomics.

I completed my Ph.D. in Economics at the University of Cambridge.

This website is intended as a portal for dissemination of my academic research. The views expressed in my research do not necessarily reflect those of the Bank of England.

Research Interests: International Macroeconomics, Monetary Economics and Policy, Macro-Finance; Applied Macroeconomics.

Email: simon.lloyd@bankofengland.co.uk

Updates:

• [October 2025] Accepted at Journal of Financial Stability: "Negative rates, monetary policy transmission and cross-border lending via international financial centers" with numerous co-authors

• [October 2025] New Bank of England Macro Technical Paper: "Tools for endogenous monetary policy analysis: optimal projections and instrument rules" with numerous co-authors

• [October 2025] New Bank Overground blog: "The inaugural Macro Modelling for Monetary Policy Forum" with Andre Moreira

• [September 2025] Updated CEPR Discussion Paper: "U.S. risk and Treasury convenience" with Giancarlo Corsetti, Emile Marin and Daniel Ostry 

• [September 2025] New VoxEu blog: "Tariffs and US dollar depreciations: not so surprising after all" with Giancarlo Corsetti and Daniel Ostry 

• [August 2025] Updated Bank of England Staff Working Paper: "Trading Blows: The Exchange-Rate Response to Tariffs and Retaliations" with Daniel Ostry and Giancarlo Corsetti