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592909
star this property registered interest false more like this
star this property date less than 2016-10-03more like thismore than 2016-10-03
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Monetary Policy remove filter
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
unstar this property question text To ask Her Majesty’s Government whether they will review the impact of quantitative easing on investment and on savings to determine whether it is of greater benefit to one or the other. more like this
star this property tabling member printed
Lord Myners more like this
star this property uin HL2035 more like this
unstar this property answer
answer
star this property is ministerial correction false more like this
unstar this property date of answer less than 2016-10-17more like thismore than 2016-10-17
star this property answer text <p>The independent Monetary Policy Committee (MPC) is responsible for setting monetary policy to deliver its primary objective of maintaining price stability. As the MPC remit makes clear, ensuring price stability is an essential pre-requisite for economic prosperity. The MPC is accountable to both Parliament and the public, through regular reports and evidence given to the Treasury Committee. The Bank of England has previously produced analysis of the distributional effects of asset purchases on different groups in society. At the August Inflation Report hearing on 7 September the Bank committed to updating this analysis.</p> more like this
star this property answering member printed Lord Young of Cookham remove filter
star this property question first answered
less than 2016-10-17T14:27:01.8Zmore like thismore than 2016-10-17T14:27:01.8Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
unstar this property tabling member
3869
unstar this property label Biography information for Lord Myners more like this