Monetary Policy
(asked on 13th January 2015) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what criteria his Department uses to assess the effectiveness of quantitative easing.
This question was answered on 20th January 2015
The UK’s monetary policy framework, set out in the Bank of England Act 1998, gives operational responsibility for monetary policy to the independent Monetary Policy Committee (MPC).