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Kristin Forbes, professor at the Massachusetts Institute of Technology (MIT) and incoming monetary policy committee at the Bank of England, arrives to give evidence to the U.K. Parliament's Treasury Select Committee at Portcullis House in London, U.K., on Wednesday, June 18, 2014. Forbes testified before U.K. lawmakers in London today, before taking part in her first Monetary Policy Committee meeting next month. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

Kristin Forbes, professor at the Massachusetts Institute of Technology (MIT) and incoming monetary policy committee at the Bank of England, arrives to give evidence to the U.K. Parliament's Treasury Select Committee at Portcullis House in London, U.K., on Wednesday, June 18, 2014. Forbes testified before U.K. lawmakers in London today, before taking part in her first Monetary Policy Committee meeting next month. Photographer: Chris Ratcliffe/Bloomberg via Getty Images