HC Deb 04 March 1999 vol 326 c860W
23. Mrs. Humble

To ask the Chancellor of the Exchequer if he will make a statement on progress made towards meeting his inflation target.[72436]

Ms Hewitt

The success of the new monetary framework is demonstrated by the fact that inflation is close to its target, long-term interest rates are around their lowest level for 40 years and inflation expectations have fallen.