Bank of England: Monetary Policy
Lords · Question HL6356 · Tabled 31 Mar 2025 · Treasury · Official record
Answered 9 Apr 2025
Question
Asked by Lord Kinnock
To ask His Majesty's Government what assessment they have made of the Bank of England's policy to sell bonds, in the light of the US Federal Reserve and European Central Bank practice of disposing of bonds through maturation.
Answer
Answered by Lord Livermore, 9 Apr 2025
The 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...