Speeches

Grahame M. Morris – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Grahame M. Morris on 2015-01-13.

To ask Mr Chancellor of the Exchequer, what criteria his Department uses to assess the effectiveness of quantitative easing.

Andrea Leadsom

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).