Monetary Policy Committee and Monetary Policy Report: Difference between pages

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imported>Doug Williamson
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(MPC).
''UK - Bank of England - monetary policy''.


1. ''UK - Bank of England''.
(MPR).


Monetary policy is central government or other policy designed to stimulate or otherwise affect economic activity by influencing money supply or interest rates.  
The Monetary Policy Report is a quarterly report published by the Bank of England.


Responsibility for setting UK monetary policy - to achieve monetary stability - lies with the Bank of England's Monetary Policy Committee (MPC).
It explains the thinking of the Bank of England's Monetary Policy Committee, and the reasons for its decisions.
 
 
The MPC was established in 1997 to be independent of the UK government.
 
A primary objective of the MPC is to meet the UK government's inflation target of 2%.
 
 
The MPC normally meets eight times a year to set and announce the Official Bank Rate for the UK.
 
Additional special meetings are held when appropriate.
 
 
2. ''Eurosystem / ESCB''.
 
The committee with similar responsibilities for the Eurosystem.
 
 
3.  ''Federal Reserve System.''
 
Committees with similar responsibilities in other jurisdictions, which may have different names.
 
For example, the Federal Open Market Committee of the Federal Reserve System.




== See also ==
== See also ==
* [[Bank of England]]
* [[Bank of England]]
* [[Central bank independence]]
* [[ESCB]]
* [[European Central Bank]]
* [[Eurosystem]]
* [[Federal Open Market Committee]]
* [[Federal Reserve System]]
* [[Financial stability]]
* [[Financial stability]]
* [[Forward guidance]]
* [[Financial Stability Report]]
* [[Inflation]]
* [[Inflation]]
* [[Inflation target]]
*[[Monetary]]
* [[Monetary and Financial Conditions Index]]
* [[Monetary policy]]
* [[Monetary policy]]
* [[Monetary Policy Report]]
* [[Monetary Policy Committee]]
* [[Official Bank Rate]]
* [[Official Bank Rate]]
* [[Policy interest rate]]
* [[Unconventional monetary policy]]
==External links==
*[https://www.bankofengland.co.uk/news?NewsTypes=09f8960ebc384e3589da5349744916ae&Taxonomies=36308a372d1e44ee94e6b5915796c531&InfiniteScrolling=False&Direction=Latest News from the UK's MPC, including reasons for recent interest rate decisions]
*[https://www.bankofengland.co.uk/monetary-policy Monetary policy - Monetary Policy Committee - Bank of England]
*[https://www.bankofengland.co.uk/knowledgebank/how-is-the-bank-of-england-independent-of-the-government In which ways is the Bank of England independent of the UK government?  Bank of England]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]

Revision as of 22:12, 6 June 2020

UK - Bank of England - monetary policy.

(MPR).

The Monetary Policy Report is a quarterly report published by the Bank of England.

It explains the thinking of the Bank of England's Monetary Policy Committee, and the reasons for its decisions.


See also