Monetary Policy Committee: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Sources: linked pages and Bank of England webpage http://www.bankofengland.co.uk/monetarypolicy/Pages/overview.aspx) |
imported>Doug Williamson (Add link.) |
||
| Line 13: | Line 13: | ||
== See also == | == See also == | ||
* [[Bank of England]] | * [[Bank of England]] | ||
* [[Financial stability]] | |||
* [[Monetary policy]] | * [[Monetary policy]] | ||
* [[Official Bank Rate]] | * [[Official Bank Rate]] | ||
Revision as of 13:51, 7 August 2016
UK - Bank of England.
(MPC).
Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates.
Responsibility for setting UK monetary policy - to achieve monetary stability - lies with the Bank of England's Monetary Policy Committee (MPC).
With effect from September 2016, the MPC meets eight times a year to set and announce the Official Bank Rate.
