In the money and Monetary Policy Committee: Difference between pages

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imported>Administrator
(CSV import)
 
imported>Doug Williamson
(Create the page. Sources: linked pages and Bank of England webpage http://www.bankofengland.co.uk/monetarypolicy/Pages/overview.aspx)
 
Line 1: Line 1:
(ITM).  
''UK - Bank of England.''
1. An option is in the money for the holder when immediate exercise of the option would result in a gain for the option holder.
 
(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.


2. A derivative such as a swap is in the money when, for example, the swap rate is favourable compared with the current market rate, so that the net present value of the derivative is positive.


== See also ==
== See also ==
* [[At the money]]
* [[Bank of England]]
* [[Out of the money]]
* [[Monetary policy]]
* [[Official Bank Rate]]
 

Revision as of 13:02, 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.


See also