Price discovery and Sterling Monetary Framework: Difference between pages

Revision as of 15:45, 7 August 2016

UK central bank oversight.

(SMF).

The Sterling Monetary Framework (SMF) describes the Bank of England's operations in the sterling money markets.

The SMF includes:

The SMF's purposes are to:

Implement the Bank of England's Monetary Policy Committee's (MPC's) decisions in order to meet the inflation target.
Reduce the risk and cost to the UK economy of any disruption to the critical financial services provided by banks and other participants in the SMF.

@@ Line 1: / Line 1: @@
-The process by which market participants obtain information about the prices at which counterparties are willing to buy  or sell specific financial instruments.
+''UK central bank oversight.''
+(SMF).
-Source:
+The Sterling Monetary Framework (SMF) describes the Bank of England's operations in the sterling money markets.
-Bank of England, ''Fair and Effective Markets Review'', June 2015.
+The SMF includes:
+*Operational Standing Facilities (OSFs).
+*Liquidity insurance.
-== See also ==
+The SMF's purposes are to:
-*[[Circuit breaker]]
+*Implement the Bank of England's Monetary Policy Committee's (MPC's) decisions in order to meet the inflation target.
-*[[Price formation]]
+*Reduce the risk and cost to the UK economy of any disruption to the critical financial services provided by banks and other participants in the SMF.
-*[[Price transparency]]
+==See also==
+*[[Bank of England]]
+*[[Financial Policy Committee]]
+*[[Inflation]]
+*[[Liquidity insurance]]
+*[[Monetary policy]]
+*[[Monetary Policy Committee]]
+*[[Money market]]
+*[[Operational Standing Facilities]]
+*[[Sterling]]