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1464948
registered interest false more like this
date less than 2022-05-23more like thismore than 2022-05-23
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Monetary Policy more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment he has made of the (a) effectiveness of money supply figures (i) six-month real, (ii) M1, (iii) M3, (iv) M4 in determining the state of the economy and (b) potential merits of more or less monetary tightening. more like this
tabling member constituency Bognor Regis and Littlehampton remove filter
tabling member printed
Nick Gibb more like this
uin 6669 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-05-26more like thismore than 2022-05-26
answer text <p>The Government continually monitors a range of economic indicators and developments to consider the impact of these on businesses and households.</p><p> </p><p>Monetary policy is the responsibility of the independent Monetary Policy Committee (MPC) of the Bank of England and this includes decisions on Bank Rate and the assets held in the Asset Purchase Facility (APF). The separation of fiscal and monetary policy is a key feature of the UK’s economic framework, and essential for the effective delivery of monetary policy, so the Government does not comment on the conduct or effectiveness of monetary policy.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2022-05-26T10:19:31.703Zmore like thismore than 2022-05-26T10:19:31.703Z
answering member
4051
label Biography information for John Glen more like this
tabling member
111
label Biography information for Nick Gibb more like this