{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "http://eldaddp.azurewebsites.net/answeredquestions.text?identifier=6776&max-ddpCreated=2015-07-21T00%3A00%3A53.133Z&answer.dateOfAnswer=2015-07-30", "definition" : "http://eldaddp.azurewebsites.net/meta/answeredquestions.text?identifier=6776&max-ddpCreated=2015-07-21T00%3A00%3A53.133Z&answer.dateOfAnswer=2015-07-30", "extendedMetadataVersion" : "http://eldaddp.azurewebsites.net/answeredquestions.text?identifier=6776&max-ddpCreated=2015-07-21T00%3A00%3A53.133Z&answer.dateOfAnswer=2015-07-30&_metadata=all", "first" : "http://eldaddp.azurewebsites.net/answeredquestions.text?identifier=6776&_page=0&max-ddpCreated=2015-07-21T00%3A00%3A53.133Z&answer.dateOfAnswer=2015-07-30", "hasPart" : "http://eldaddp.azurewebsites.net/answeredquestions.text?identifier=6776&max-ddpCreated=2015-07-21T00%3A00%3A53.133Z&answer.dateOfAnswer=2015-07-30", "isPartOf" : "http://eldaddp.azurewebsites.net/answeredquestions.text?identifier=6776&max-ddpCreated=2015-07-21T00%3A00%3A53.133Z&answer.dateOfAnswer=2015-07-30", "items" : [{"_about" : "http://data.parliament.uk/resources/389476", "AnsweringBody" : [{"_value" : "HM Treasury"}
      ], "answer" : {"_about" : "http://data.parliament.uk/resources/389476/answer", "answerText" : {"_value" : "<p><strong>The UK\u2019s monetary policy framework, set out in the Bank of England Act 1998, gives operational responsibility for monetary policy to the independent Monetary Policy Committee (MPC).<\/strong><\/p><p> <\/p><p> <\/p><p> <\/p><p><strong>The MPC\u2019s macroeconomic policy tools, including quantitative easing, are designed to affect the economy as a whole, in order to meet the 2 per cent inflation target over the medium term.<\/strong><\/p><p> <\/p><p> <\/p><p> <\/p><p><strong>The Bank of England\u2019s paper, \u201cThe United Kingdom\u2019s quantitative easing policy: design, operation and impact\u201d, published in 2011, notes that, \u201cAsset purchases may also have a stimulatory impact\u2026by influencing bank lending, though this channel would not be expected to be material during times of financial crisis.\u201d<\/strong><\/p><p> <\/p>"}
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      , "date" : {"_value" : "2015-07-13", "_datatype" : "dateTime"}
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      ], "questionText" : "To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of the quantitative easing programme on (a) bank lending generally and (b) M4 lending.", "registeredInterest" : {"_value" : "true", "_datatype" : "boolean"}
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