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The Role and Operations of the Bank of England Monetary Policy Committee.

Authors
Disciplines
  • Economics

Abstract

This paper describes the way in which the Monetary Policy Committee (MPC) of the Bank of England seeks to meet the tasks it has been given under the new arrangements for the conduct of monetary policy. It starts with the definition of the tasks, then describes the activities that lead up to the MPC's decisions and the publication of its Inflation Report.

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