Monetary Policy

(asked on 13th June 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of changes to his Department's economic modelling of quantitative easing on (a) fiscal multipliers, (b) inflation, (c) employment, (d) growth, and (f) fiscal policy.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 18th June 2018

Forecasts for the public finances, including the effect of quantitative easing, are prepared by the Independent Office for Budget Responsibility, which has been independent of government since 2010.

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