Written Question·Treasury·UIN 40814
Bank of England
Tabled: 24 March 2025
Answered: 31 March 2025
Question
Nick Timothy
Conservative — West Suffolk
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of amending the Bank of England's mandate to maintain fiscal stability.
Answer
Emma ReynoldsThe Bank of England has operational independence from the government to carry out its statutory responsibilities for monetary policy and financial stability. Monetary policy, including quantitative easing, is the responsibility of the independent Monetary...
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