In August 2007, confidence in the markets for bonds based on securitised housing mortgages collapsed and the crisis began. But it took well over a year before the crisis hit the real economy with full force, after the banking sector problems surfaced in autumn 2008.
I made my way to the first floor of the Martin Building, to see her portrait, which hangs in the building where I was able to mark my own "first"-one that would not have been possible without Sadie T.M. Alexander. As policymakers, my colleagues and I make decisions that impact the entire country. We are driven by data, which we collect in abundance.