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How did the first Monetary Policy Committee members pursue their mandate?

Goodhart, C. A. E. (2022) How did the first Monetary Policy Committee members pursue their mandate? Economics Observatory.

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Abstract

When the Bank of England became operationally independent 25 years ago, the Monetary Policy Committee was given the mandate of aiming for a specified inflation target. The first members faced several key questions, not least on the precise way in which they would make decisions on interest rates.

Item Type: Article
Official URL: https://www.economicsobservatory.com/
Additional Information: © 2022 The Author
Divisions: Financial Markets Group
Subjects: H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
H Social Sciences > HB Economic Theory
Date Deposited: 19 May 2022 07:48
Last Modified: 19 May 2022 08:06
URI: http://eprints.lse.ac.uk/id/eprint/115146

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